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Acting Pres. Goh Forecasts Improved Consumption, Investment

Written: 2004-03-17 00:00:00Updated: 0000-00-00 00:00:00

Acting President Goh Kun says that domestic consumption and corporate investments will soon recover on the back of continued strong exports.

Mr. Goh made the remarks in a ceremony marking Commerce and Industry Day held at Seoul's Convention and Exhibition Center.

The acting head-of-state said the government will "spare no efforts" this year on revitalizing investments and creating new jobs, making them a top priority in its policies.

During the ceremony, Goh awarded Kumho Asiana Group Chairman Park Sam-koo with an Order of Industrial Merit for his efforts in expanding Asiana Airlines, the nation's second largest airline, into a global carrier.

Park, the chairman of the nation's tenth largest conglomerate, is the fourth member of his family to win the award.

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