Korea-U.S. Strategic Investment Corporation Seeks Head of U.S. Investment Support to Oversee U.S. Branch

Recruiting a Grade 2 Executive to Oversee U.S. Branch
Building Out Implementation Infrastructure Just Four Months After Launch

The Korea-U.S. Strategic Investment Corporation (KUIC), which oversees $350 billion in investment in the United States, is hiring a head of U.S. investment support to oversee the establishment and operation of its U.S. branch. The move is intended to establish a local base in the United States to support Korea-U.S. strategic investment projects and set up a cooperation framework with the U.S. government and financial institutions.

According to KUIC on October 19, the corporation has been recruiting one head of U.S. investment support since October 16. Applicants must have at least 12 years of experience in overseas investment and cooperation with the United States; the position is at Grade 2. The head's key responsibility will be to oversee local support for U.S. strategic investment projects, lead the practical work of establishing a U.S. branch, and manage its operations after it is set up. The role will also involve cooperation and government relations with key organizations, including the U.S. government and financial institutions.

South Korean President Lee Jaemyung, who is visiting the United States to attend the U.N. General Assembly, holds a summit with U.S. President Donald Trump at a hotel in New York on the 22nd (local time). Yonhap News Agency

On October 1, the governments of South Korea and the United States announced plans to pursue the construction and operation of a gas-fired combined-cycle power plant in Texas as the first official U.S. investment project, and to discuss the construction of eight large-scale nuclear power plants in the United States and an Alaska liquefied natural gas (LNG) project as follow-up projects. This gave concrete form to the strategic investment portion, worth $200 billion, of the $350 billion in U.S. investments, excluding the $150 billion allocated to shipbuilding. Soon after the agreement was reached, $2.4 billion—roughly 10% of the power plant's project cost of about $22.3 billion—was remitted.

Accordingly, there is a need to consult with governments, financial institutions, and companies in the United States and coordinate the conditions for moving projects forward. Hiring a person dedicated to establishing and operating a local organization can be seen as the first step toward institutionalizing these practical functions. The corporation is also recruiting for vacant positions, including an investment director (head of the Strategic Investment Division) and an auditor, as well as additional regular employees.

Launched in June, KUIC is dedicated to Korea-U.S. strategic investment projects and will work to expand industrial cooperation between the two countries, stabilize supply chains, and support investment in strategic industries. In particular, it is expected to support expanded cooperation in advanced industries, including shipbuilding and energy, as well as artificial intelligence (AI) and quantum technology. Park Jongwon, a former deputy minister for trade at the Ministry of Trade, Industry and Energy, is its inaugural president.

This content was produced with the assistance of AI translation services.