IT firms to advance more easily into Portuguese market

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IT firms to advance more easily into Portuguese market


2006-02-08


Information-Communication Minister Chin Dae-je met with Basillio Adolfo de Mendonca Horta da Franca, president of the Investment in Portugal Agency (PAI), on Feb. 6 to discuss ways of promoting cooperation and mutual exchange in the IT field.

The PAI president is visiting South Korea to attract information technology (IT) firms to Portugal.

At the meeting, Minister Chin introduced South Korea's advanced IT industry, one of the nation's major growth industries, along with IT firms extending their business globally.

"The two parties will hold a bilateral cooperative committee meeting, which is expected to facilitate the nation's IT firms' advance into Portugal," Chin said.

Last September, South Korea signed a memorandum of understanding with Portugal, establishing a foothold to promote IT cooperation between the two countries in various fields including broadband, mobile communication and digital multimedia broadcasting.

 


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