ECCK Connect Winter 2018 the Quarterly Magazine of The
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Winter 2018 Korean Government Project ECCK Connect DGFEZ Celebrates its 10th Anniversary page 24 The Quarterly EU Project European Union-South Korea Magazine of the Trade Investment Relations 2018 page 26 European Chamber of Social Responsibility Médecins Sans Frontières: Commerce in Korea 2018 Year-End Campaign page 50 Cover Story Financial and Economic Outlook 2019 Page 38 SS_Expat Sales_ECCK Q2_200*264_OL.indd 1 2018. 5. 16. �� 3:51 2 Chairman's Massege Dear Readers, The ECCK hopes the white paper becomes a constructive communication tool for the Korean and European As 2018 quickly approaches the finish line, I wish you all authorities in looking for ways to maintain a mutually happiness and relaxation over the holidays. The year-end beneficial strategic relationship. season should be dedicated to family and friends to celebrating their love and encouragements throughout the year. In addition, we organized numerous events with industry experts and government officials, including two of ECCK’s The last season of the year 2018 has continued to be biggest events: ‘EU-Korea Innovation Forum’ and ‘Korea-EU fruitful for the ECCK. Focusing on further consolidating IPR Conference’. Also, the Chamber successfully concluded our government relations, ECCK has arranged high-level its second CEO forum with the leading European business meetings with Seoul Mayor Park Won Soon as well as leaders in the country. On behalf of the Chamber, I would Foreign Investment Ombudsman Kim Sung-jin in October. like to extend my appreciation towards everyone’s kind In November, with the aim of strengthening the commercial attention and support for our events. ties between Europe and Korea, the ECCK organized another successful business delegation’s visit to the EU and EFTA. To wrap up the successful year, ECCK Connect has prepared The delegates shared the updates of the Korean business interesting sets of articles for our readers. We hope you find and regulatory environment as well as challenges and this edition of ECCK Connect enjoyable and insightful. opportunities to further develop the investment partnership between the two sides. At the same time, the ECCK released the 4th edition of its White Paper with great support from its members and partners. With the growing recognition of the Chamber’s importance every year, the publication was very well Dimitris Psillakis received by the public as well as the government officials. Chairman, European Chamber of Commerce in Korea Concordian (Kumho Asiana HQ) EA – N Tower 4 Table of Content 임대 대행 (Leasing) 임차 대행 (Tenant Representation) Fast Five Tower 02 Chairman’s Message 전략 컨설팅 자문 (Advisory) 리서치 (Research) State Tower Namsan Concordian (Kumho Asiana HQ) ECCK News 06 New Members 08 General Events 매입매각 자문 (Capital Markets) 자산관리 (Property Management) 13 Seminars & Forums 16 Busan Chapter News Research & Insights 18 Committee News 48 Europe-Korea Innovation Forum 2018 22 ECCK Winter Network Night AMBITIONS Social Responsibility Achieve Korean Government Project 50 Médecins Sans Frontières: Sinsa Retail Logiport Icheon Join MSF’s 2018 Year-End Campaign JLL (NYSE:JLL)은 부동산 투자자, 개발자, 기업에게 24 DGFEZ Celebrates its 10th Anniversary 부동산 관련 포괄적 서비스를 제공하는 종합 부동산 서비스 회사입니다. 부동산 라이프 사이클 전반에 걸쳐 Startup News 오피스, 리테일, 주거, 물류/산업 자산 등 다양한 유형의 자산에 대해 원스탑 서비스를 제공합니다. EU Project 전세계 80개국, 300여개 지사에서 8만명 이상의 54 Project Ball Academy 직원들이 서비스를 제공하고 있는 명실상부한 세계 26 European Union – South Korea 최고의 부동산 회사입니다. 리테일 서비스 (Retail Service) 물류/산업 서비스 (Logistic Service) 75th Avenue Trade and Investment Relations 2018 Mayfair by ZAHA HADID-Melbourne, Australia Taste of Europe JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate Cover Story 56 Spanish Restaurant Terreno and investment management. Our vision is to reimagine the world of real estate, creating 38 Financial and Economic Outlook 2019 rewarding opportunities and amazing spaces Art & Culture where people can achieve their ambitions. 주거 서비스 (Residential Service) 중소형 서비스 (Mid-market Service) 40 KF-VUB: Korea-EU Economic Relations in 2019 JLL is a Fortune 500 company with operations MMC Citrix in over 80 countries and a global workforce of 58 MMCA: What Ought to Be Done? Work and Life 88,000 as of September 30, 2018. 42 Lee & Ko: Moving from one landmark to the next: What the new EU-Japan EPA means for Korea AD & Sponsorship 46 Shinhan Bank: Economic and Financial Conditions and Prospects 62 ECCK Advertisement & Sponsorship 02-3704-8888 건축 및 인테리어 프로젝트 관리 (P&DS) 통합퍼실리티 매니지먼트 (IFM) jll.co.kr © 2018 Jones Lang LaSalle IP, Inc. All rights reserved. 6 ECCK News BYK Korea LLC (Germany) New Members Mr. Jeongsik Shin (Managing Director) www.byk.com/kr October- Christian Dior Couture Korea (France) Mr. David Raymond (Country Managing Director) December 2018 www.dior.com Dassault Systems Korea (France) Mr. Youngbin Cho (Managing Director) www.3ds.com/ko Galderma Korea (Switzerland) Mr. Rene Wipperich (General Manager) www.galderma.co.kr Hana Tax Gangnam Branch (Korea) Mr. Giu Sup Lee (Representative) www.hanatax.net Hanwha Total Petrochemical (Korea) Mr. Jean-Marc Otero del Val (Executive Vice President) www.hanwha-total.com SOMUNSA (Korea) Mr. Sung-Gu Park (CEO) www.somunsa.com The Hershey Company (USA) Mr. Manuel Amon Bossi (General Manager) www.thehersheycompany.com/ko_kr The Leaders & Company (Korea) Mr. Daniel Hwang (CEO) www.leaders-leather.com VISA International Asia-Pacific Korea (USA) Mr. Patrick Yoon (Country Manager) visakorea.com WeWork Korea Yuhan Hoesa (USA) Mr. Matthew J. Shampine (General Manager) www.wework.com 8 ECCK News ECCK Connect — Winter 2018 9 ECCK Hosts Breakfast Meeting with Seoul Mayor White Paper 2018 Hand-Over Meeting with MOTIE General Park Won Soon On November 6, ECCK President Christoph Heider held an Events In the morning of October 26, the ECCK hosted a breakfast ECCK White Paper hand-over meeting with Ministry of Trade meeting with Seoul Metropolitan City Mayor Park Won Soon Industry and Energy (MOTIE) Deputy Minister Seon-min Kim at Lotte Hotel Seoul. and Director General Ho Joon Lee in Aurora room at Grand InterContinental Seoul Parnas. ECCK Vice Chairman André Schmidtgall opened the meeting and Ambassador of the EU to the Republic of Korea H.E. Michael Reiterer delivered his opening remarks. Attended by government officials, ambassadors and ECCK members, Mayor Park shared his prospects on his next 4-year Seoul city plan. After the Mayor’s speech, a Q&A session followed. ECCK President Speaks at 2018 Seoul Startup Expo White Paper 2018 Hand-Over Meeting with MOEF On October 19, ECCK participated in the Seoul Startup Expo 2018 organized by Seoul Business Agency (SBA). Attended On November 2, ECCK handed over its newly published by government officials and startuppers including, Jong- White Paper to the Ministry of Economy and Finance wook Kim (Deputy Mayor for Political Affairs), H.E. Pēteris (MOEF) during the tax forum with Director General for Vaivars (Ambassador of Embassy of the Republic of Income & Corporation Tax Bureau Sangyool Lee. Latvia), the expo shared the trends and performances of technology based startups in Asia. Also, ECCK President Christoph Heider delivered a keynote speech under the theme of ‘Innovative Ecosystem of Asian Market’. In his speech, President Heider addressed the changes, chances and challenges in start-ups. “Innovation is not something that can be forced simply by increasing financial investment or increased number of employees. What is needed is creativity and entrepreneurship”, said Heider. 10 ECCK News ECCK Connect — Winter 2018 11 ECCK Chairperson ECCK Delegation Visits Brussels and Geneva ECCK Supports Doing Business in Korea Seminar Receives Seoul Honorary Citizenship A delegation of ECCK Board members and representatives On November 30, the ECCK supported the Doing Business of the secretariat visited pertinent counterparts in Brussels in Korea Seminar 2018 hosted by the American Chamber ECCK Chairperson Dimitris and Geneva from November 19 to 23 to discuss the of Commerce in Korea (AMCHAM) at Grand Hyatt Seoul. Psillakis received Seoul business environment in Korea and handover the White Honorary Citizenship for Paper 2018. The leaders of major five foreign chambers of his services to business and commerce in Korea, including ECCK President Christoph charity causes in Seoul. During the trip, the delegates met with following officials Heider, AMCHAM Chairman & CEO James Kim, British and organizations: Expert staff of DG Trade, the cabinet of Chamber of Commerce in Korea (BCCK) CEO Sean Psillakis is President and DG Trade Commissioner Cecilia Malmström, the cabinet Blakeley, French Korean Chamber of Commerce and CEO of Mercedes-Benz of DG Grow Commissioner Elżbieta Bieńkowska, Korean Industry (FKCCI) Chairman David-Pierre Jalicon, Korea and in recognition of his leadership in the company’s Ambassador to the EU Hyoung-Zhin Kim, KOTRA Brussels and Korean-German Chamber of Commerce and Industry social contribution activities for the local community, he General Director Jang Hee Lee and KITA Brussels Center (KGCCI) President & CEO Barbara Zollman participated in was awarded Seoul Honorary Citizenship by the Mayor of Executive Director Youn Woo Park, EU Commissioner for the panel discussion to share insights into the Korean Seoul, Park Won Soon. Agriculture & Rural Development, Phil Hogan. the Brussels- ECCK Releases White Paper 2018 market, the Korean economic outlook, Korea’s regulatory based industry interest organizations European Automobile environment, fair trade, the Fourth Industrial