International business plays an important role in Lincoln's economy. Look no further than Kawasaki, GSK, Celerion and Tri-Con Industries to see what foreign investment can mean for our community.
Last week, a delegation from the Lincoln Partnership for Economic Development, Nebraska Department of Economic Development and Nebraska Innovation Campus traveled to Seoul, Korea on a mission to promote Lincoln's thriving business community, influx of talent and economically sound environment. Korea is Nebraska's fifth largest export market with over $387 million in goods exported last year.
The delegation met with Korean businesses and trade associations including: Korea Chamber of Commerce and Industry, Association of High Potential Enterprises of Korea, Korean International Trade Association, Korea Pharmaceutical Biopharma Manufacturers Association and the Korea Food Industry Association.
The goal of the mission was to expand the possibilities for Nebraska business in Korea and to extend those same possibilities to Korean companies looking to bring their products and services to the United States. The business mission served as an important role in continuing trade efforts with Korea and exploring new opportunities and partnerships. “The meetings with business leaders in South Korea all had a similar theme, their excitement to learn more about what Lincoln has to offer,” said Luke Peltz, Director of Business Development for the Lincoln Partnership for Economic Development. “South Korea has been a strong export market for Nebraska and we look to expand on those relationships. We also have the opportunity to increase investment in Lincoln from companies in South Korea and this visit provided opportunities for business leaders to hear about doing business in Lincoln.”
“Nebraska enjoys an enviable position of respect when it comes to opportunities for investment both here at home and in the international market. The Chamber looks forward to putting Lincoln's brand on display for an international audience as we go forward into the future,” said Wendy Birdsall, Lincoln Partnership for Economic Development President.