State Development Minister Eric Ripper met a Samsung Engineering delegation from Korea today to discuss resource and infrastructure opportunities in Western Australia.
The Korean delegation was made up of 14 businesspeople led by Samsung Engineering President and chief executive officer Mr Jung Yeon Joo.
Mr Ripper said the talks were designed to encourage investment and participation in key infrastructure opportunities in WA.
“Korea is one of Western Australia’s key trading partners,” he said.
“A relationship with major Korean companies will greatly benefit WA because our State has extensive engineering, construction and infrastructure requirements.
“One option for firms entering the Western Australian market is to partner with medium-sized local firms in bidding for projects. This allows international companies to bring project management, design and technology improvements to the table.
“We anticipate an ongoing dialogue with Samsung Engineering to further explore investment opportunities in this State.”
The State Government will release the State Infrastructure Strategy in 2008, to outline infrastructure needs over the next 20 years. These range from electricity, rail and port facilities to a sports stadium and museum.
Minister's office: 9222 8788
Samsung Engineering was established in 1970 as the first Korean engineering company. The company covers a wide range of services including petrochemical plants, general industrial plant and environmental plant projects.