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IFEZ News Vol.04

The workshop sought solutions for reduced company investment due to US rate hikes.

The Incheon Free Economic Zone Authority convened the 7th Incheon Free Economic Zone on recent interest rate hike, economic impact, and companies' response tasks.
The IFEZ Innovative Growth Platform facilitates win-win development talks, small meetings, and seminars.
Jang Geun-ho, chairman of the Planning and Investigation Team at the Bank of Korea's Incheon Headquarters, said small and medium-sized firms and major enterprises may encounter challenges due to the recent interest rate hike. He requested safety.
"Foreign currency liabilities must be handled to plan for risk variables," he said.
About 30 companies attended, including Celltrion, Samsung Biologics, POSCO E&C, Now Systems, Daifuku Korea, Kyungshin Holdings, and Iris Korea. Online and offline, KIIT, Green Umbrella, and Incheon National University participated.
Commissioner Kim Jin-yong is happy to discuss high interest rates and inflation with tenant businesses. Thanks!"