Korea's growing industrial and hi-tech economy is hungry for British Columbia's natural resources, Korea's Consul General Yeon-Ho Choi told the eighth annual B.C. Natural Resources Forum this morning.
Choi noted that Korea already has investments in coal in B.C.'s southern Interior, and in natural gas in the northeast. The Korea Gas Corp. has also signed an agreement to invest in the mulit-billion proposed liquified natural gas terminal in Kitimat. As part of the agreement, the company would take 40 per cent of the terminal's supply.
Choi said Korea is not only interested in purchasing resources, but in investing in developing those resources in British Columbia.
The natural resource forum at the Civic Centre continues today and Thursday.
