Foreign MRO firms welcome in South Korea

admin
By admin May 8, 2015 11:59

Foreign MRO firms welcome in South Korea

South Korea will ease restrictive regulations limiting foreign investment in Korean MRO companies.

South Korean president Park Geun-hye said that “drastic” deregulatory measures were needed to help boost the Korean MRO sector and to create more skilled jobs.

At the moment the maximum foreign equity allowed in any Korean MRO operation is limited to 49%. Park plans to lift this restriction although exact details have not been disclosed.

admin
By admin May 8, 2015 11:59