BusinessThursday, October 29
South Korea's ambassador visited LSU and called Louisiana a “key diplomatic state.”
The Daily Baton Rouge team
South Korean Ambassador Kang Kyung-wha joined a panel on investment and innovation at the LSU Student Union on Tuesday, Oct. 27. She said Louisiana is quickly becoming a “key diplomatic state,” NOLA.com reports. She said her two visits in less than two months show how much the state matters to the relationship.
$95.2 billionSouth Korean investment in the U.S. in 2025
That's more than double from the previous decade, per the Congressional Research Service, The Reveille reports.
Source: The Reveille
WBRZ reports the stop wrapped up a two-day tour that began Monday at Tulane University in New Orleans. State economic officials project more than 1,300 direct jobs and roughly 4,100 indirect jobs from the Hyundai-POSCO mill.
- Average pay: $95,000 a year for direct jobs
- Mill's planned launch: 2029
- Panel co-hosted with the Korea Economic Institute of America
Sources: NOLA.com, The Reveille, WBRZ