Arab Today, arab today south korean firms to jack up facility investment next year
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

South Korean firms to jack up facility investment next year

Arab Today, arab today

Arab Today, arab today South Korean firms to jack up facility investment next year

Seoul - Yonhap

South Korean companies are planning to increase their spending on facility expansion by 3.9 percent next year on expectations of an economic recovery, a survey showed on Sunday. A total of 3,064 firms, including 674 big companies, said they would spend a combined 136.2 trillion won (US$128 billion) next year, up 3.9 percent from this year's estimated 131.1 trillion won, according to the survey conducted by the Korea Finance Corp. (KoFC).

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