UOB unveils FDI Advisory Centre in South Korea

The bank has helped over 150 Korean companies expand to SEA since 2011.

UOB has launched a Foreign Direct Investment (FDI) Advisory Centre in Seoul, aimed at supporting Korean companies that seek to expand into the Southeast Asian region.

The centre will offer customised solutions such as market entry advisory and regulatory support, and financing and risk management services.

The South Korean centre is an expansion of the current dedicated Korea desk in Singapore first established in 2023.

UOB said that it has helped over 150 Korean companies expand in SEA since it started its FDI Advisory Unit in 2011. Projected investments tied to these expansions was close to S$3b.

FDI flows from Korea to Southeast Asia had more than doubled to US$10.9b in 2023, compared to just US$5b in 2017, according to data from the Association of Southeast Asian Nations (ASEAN).

UOB expects the trend further on the back of several factors such as supply chain shifts, trade tensions, digital economy and the region’s ever-evolving consumer demographics.

To date, UOB’s FDI Advisory Unit has supported 5,000 companies in their regional expansion efforts. These companies have a projected investment of more than S$50b and have created over 250,000 jobs since 2020, according to UOB.

Follow the link for more news on

UOB

A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia