Money
South Korean businesses to invest £21b into Britain
Tuesday, 21 Nov 2023 5:33 PM MYT
LONDON, Nov 21 — South Korean businesses will invest £21 billion (RM120 billion) into Britain, the British government said today, ahead of the launch of talks over a modernised trade deal between the two countries.
The new investment includes a £9.7 billion injection over ten years from South Korea’s Sovereign Wealth Fund into renewable energy and green infrastructure projects in Britain, Britain’s Department for Business and Trade said in a statement. — Reuters
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