The upcoming Indonesia-Korea Week will feature a number of events to celebrate the collaboration between the two countries in culture, business, technology and sport.
The event, organized to celebrate South Korea’s National Foundation Day, kicks off tonight at a gala dinner followed by a fashion show showcasing the two countries’ famous traditional clothing, batik and Hanbok respectively, as well as a culinary festival and traditional music recitals. The events run until Oct. 16.
With the events, including cultural festivals, economic partnership and trade fair, the event was aimed at promoting partnership between Indonesia and Korea, the organizing committee said on the event website.
“We have achieved phenomenal economic growth through all our hardships and efforts combined. But it seems that they have not yet been recognized [as we would have like] by the people of the world.
The event is devoted to promoting Korea as a country beloved by all, in collaboration with our citizens, corporations and government,” the website reads.
The event also touched on the issue of economy, an increasingly important subject given Indonesia and South Korea’s bilateral trade.
Two-way trade volume reached US$15 billion last year, with exports from Korea worth $6 billion and
imports from Indonesia worth $9 billion.
Data from July showed that the trade volume surpassed $10 billion and was set to exceed $20 billion by year-end.
In 2009, South Korean investments in Indonesia stood at $550 million, a figure expected to be broken this year on the back of a $6 billion investment injection from South Korean steel maker POSCO.
To accommodate this strong business relation, the committee will hold a trade conference and a job fair during the week.
Chung Byung-won, political counselor at the South Korean Embassy in Jakarta, said Indonesia had become a key investment destination for South Korea because of the size of its economy, its large workforce and extensive presence in energy, forestry, and environment-related industries.
The event, he said, was aimed at encouraging personal relations and enhanced ties with Indonesian communities.
There are currently around 40,000 South Koreans living and working in Indonesia, making them the largest foreign community here.
Even before Indonesia was considered a promising economy, South Korea had a strong foothold here, establishing hundreds of South Korean companies, many of which weathered the 1998 Asian financial crisis.
Festival Schedule
Korean Movie Show: Oct. 11 to 16
BEAT traditional percussion recital: Oct. 13
Taste of Korea Food Festival: Oct. 16 to 17
Visit: koreaindonesiaweek.com
Source: http://www.thejakartapost.com
The event, organized to celebrate South Korea’s National Foundation Day, kicks off tonight at a gala dinner followed by a fashion show showcasing the two countries’ famous traditional clothing, batik and Hanbok respectively, as well as a culinary festival and traditional music recitals. The events run until Oct. 16.
With the events, including cultural festivals, economic partnership and trade fair, the event was aimed at promoting partnership between Indonesia and Korea, the organizing committee said on the event website.
“We have achieved phenomenal economic growth through all our hardships and efforts combined. But it seems that they have not yet been recognized [as we would have like] by the people of the world.
The event is devoted to promoting Korea as a country beloved by all, in collaboration with our citizens, corporations and government,” the website reads.
The event also touched on the issue of economy, an increasingly important subject given Indonesia and South Korea’s bilateral trade.
Two-way trade volume reached US$15 billion last year, with exports from Korea worth $6 billion and
imports from Indonesia worth $9 billion.
Data from July showed that the trade volume surpassed $10 billion and was set to exceed $20 billion by year-end.
In 2009, South Korean investments in Indonesia stood at $550 million, a figure expected to be broken this year on the back of a $6 billion investment injection from South Korean steel maker POSCO.
To accommodate this strong business relation, the committee will hold a trade conference and a job fair during the week.
Chung Byung-won, political counselor at the South Korean Embassy in Jakarta, said Indonesia had become a key investment destination for South Korea because of the size of its economy, its large workforce and extensive presence in energy, forestry, and environment-related industries.
The event, he said, was aimed at encouraging personal relations and enhanced ties with Indonesian communities.
There are currently around 40,000 South Koreans living and working in Indonesia, making them the largest foreign community here.
Even before Indonesia was considered a promising economy, South Korea had a strong foothold here, establishing hundreds of South Korean companies, many of which weathered the 1998 Asian financial crisis.
Festival Schedule
Korean Movie Show: Oct. 11 to 16
BEAT traditional percussion recital: Oct. 13
Taste of Korea Food Festival: Oct. 16 to 17
Visit: koreaindonesiaweek.com
Source: http://www.thejakartapost.com
