The Fairfax County Economic Development Authority (FCEDA) has renewed its contract with Korea Business Consulting Corp. to run its Seoul office from April 1.
The FCEDA, called “one of the great economic success stories of our time” by Time magazine, is an independent authority chartered by the Commonwealth of Virginia and promotes the country in Virginia as one of the world’s best business locations.
Including Seoul, the FCEDA has five offices worldwide ― Bangalore in India, London in the United Kingdom, Munich in Germany and Tel Aviv in Israel. They work with companies which are considering expansion into the United States.
Some 360 foreign-owned firms, many of them in the information technology and professional services sectors, have a presence in Fairfax County, including more than 50 from Korea.
“Korea is one of Fairfax County’s most important overseas markets because of the number of Korean companies that have established operations here and the large Korean-American population in the county,” said Gerald Gordon, president and CEO of the FCEDA.
“I look forward to increasing the number of Korean firms that have located in Fairfax County and are growing here.
“Fairfax County is an ideal location for Korean firms that want to do business in the United States because of its proximity to Washington, D.C., and Washington Dulles International Airport, and because of the large Korean population and business community. I am delighted to have the opportunity to continue working with Korean and Asian companies to help them succeed and help Fairfax County’s efforts to build a world-class economy.”
Business growth helps Fairfax County fund the nation’s top-rated school system and public services that contribute to the quality of life of residents. Fairfax County offers businesses a state-of-the-art telecommunications infrastructure, access to global markets through Washington Dulles International Airport and a well-educated workforce.