Busan is good

Busan City and the Korean-German Chamber of Commerce and Industry (KGCCI) Host the "Economic Outlook 2025" Event

◈ On April 15 at 17:00, Busan City and the Korean-German Chamber of Commerce and Industry (KGCCI) co-hosted the "Economic Outlook 2025" at Paradise Hotel Busan, discussing Korea’s key industry forecasts and strengthening business relations between Busan and Germany.

◈ Over 60 participants attended, including the German Ambassador to Korea, KGCCI representatives, and member companies. The event featured ▲keynote speeches by Busan City, the German Ambassador, Germany Trade & Invest, and Commerzbank ▲a panel discussion ▲and networking sessions.

내용

On April 15, Busan Metropolitan City and the Korean-German Chamber of Commerce and Industry (KGCCI) co-hosted the “Economic Outlook 2025” event at Paradise Hotel Busan. The event provided a platform for discussing economic forecasts for Korea’s key industries and strengthening business ties between Busan and Germany.

Event Highlights:

• ●Date: April 15, 2025 (Tue), 17:00–21:30

• ●Venue: Paradise Hotel Busan (Haeundae-gu)

• ●Participants: Over 60 attendees, including the German Ambassador to Korea, KGCCI representatives, and member companies

The event featured keynote presentations by:

• ●Georg Schmidt, German Ambassador to Korea, delivering a Political Outlook

• ●Katharina Bickel-Enko, Korea Representative of Germany Trade & Invest (GTAI), presenting Trends in Korea's Key Industries

• ●Charlie Lay, Senior Economist at Commerzbank, sharing a Global Economic Outlook

A panel discussion moderated by KGCCI Vice President Felix Kalkowski included insights from four prominent figures from German institutions and companies, who exchanged in-depth perspectives on Korea's investment climate and strategies for enhancing economic cooperation.

Following the presentations, a networking session featured a donation ceremony to Soryang Orphanage and a performance by the Soryang Rainbow Orchestra, attended by over 100 participants including local German business representatives.

KGCCI, the second-largest foreign chamber of commerce in Korea with around 500 member companies, plays a central role in fostering economic and industrial dialogue between Korea and Germany. It offers services such as market research, investment promotion, business matchmaking, and mentoring programs to support talent development and female leadership.

Busan City has been a KGCCI member since 2009 and has maintained strong partnerships through ongoing exchanges and joint events aimed at attracting German investment.

Lee Jun-seung,  Vice Mayor for Administrative Affairs of Busan, remarked:

“Busan will continue doing its utmost to provide a stable environment for German companies. Germany has long been a key partner of Korea, and Busan has always been a reliable collaborator. We look forward to building a shared future of prosperity through cooperation and communication.”