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Korean manufacturing firms investing more overseas than in Korea

Arirang News 2019-06-27

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제조업 해외투자 속도 2.7배 빨라...일자리 연간 4만2천개 유출"

Overseas investment by Korean manufacturing firms is now more than double the figure for domestic spending.
The Korea Economic Research Institute claims this has wiped out as many as 417-thousand potential jobs in Korea.
Overseas investment by the companies increased by 13-point-6 percent over a ten-year period from 2009.
Facility investment in Korea during the same period was just over five percent.

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