Ministry of Trade Industry and Resources

The Ministry of Trade, Industry, and Resources (MOTIR) hosted the 2025 Foreign Company Day on Thursday, November 13, to honor foreign-invested companies and partner institutions that have contributed to attracting foreign investment to Korea, as well as to encourage continued interest and investment in the country. At the event, which marks its 25th anniversary, Minister Kim Jung-kwan congratulated the award recipients and urged foreign-invested companies to further expand their investment.

Many of this year’s awardees were recognized for attracting investment to advanced industries such as semiconductors and secondary batteries. They are expected to continue strengthening Korea’s high-tech industrial base and enhancing supply chain stability through active business operations in the country.

A total of 40 awardees were recognized at the ceremony. Anwar A. Al-Hejazi, CEO of S-OIL—Korea’s largest foreign-invested company—received the Gold Tower Order of Industrial Service Merit. No Seong, Executive Director at onsemi Korea—a global leader in power semiconductors and silicon carbide (SiC) that is expanding investment in Korea—received the Silver Tower Order of Industrial Service Merit.

Minister Kim emphasized that “foreign investment has long played a pivotal role in Korea’s economic development,” and reaffirmed that “the government is committed to fostering a reliable and attractive investment environment that enables foreign-invested companies to succeed through sustained investment in Korea.” He called for continued interest and cooperation from foreign-invested companies in expanding investment in the country.

In addition to the awards, the event featured a panel discussion to share successful foreign investment cases and explore strategies to expand foreign investment amid global supply chain restructuring. MOTIR will continue advancing policies to enhance industrial competitiveness and promote foreign investment, while improving the investment environment by actively reflecting industry feedback from the field.