Focus on Korea: Business Opportunities in South Korea’s Energy and Water Sectors, 2007-2012
In the years after the 1950-1953 Korean war, the country was classified amongst the poorer nations in the world. Now, after a remarkable recovery, Korea is the third largest economy in Asia and the 11th largest in the world.
Korea’s emergence as a powerful industrial nation has been an unusual story. Its continued growth, however, depends on its ability to meet challenges in domestic power and water limitations. Both offer unique opportunities to U.S. business interests.
Water, energy and related sectors present attractive South Korean business opportunities for U.S. equipment manufacturers, engineering and infrastructure planners, according to a study by STIX Consulting, Inc.
Korea is facing an increasing problem with continued rapid domestic industrial and consumer growth in the face of near-total energy dependence on imported hydrocarbons and limited water resources. Although domestic nuclear power is an important factor in the energy problem, both imported hydrocarbons and water constraints are essential factors in sustained Korean economic growth, which has been remarkable in recent years.
About Colonel Dick Hooker (USA, Ret.)
Dick Hooker served as a parachute infantry officer for much of his career, serving in the U.S., Europe, Asia and the Middle East. He served three tours in Vietnam, including command of a mechanized infantry battalion. Half of his 31-year military career was served abroad, with much of his later service specializing in operations and intelligence research, collection and analysis. He is a member of the University of Mississippi ROTC Hall of Fame and has been inducted into the Order of St. Maurice, an ancient worldwide order honoring the patron saint of the infantry.
After his retirement, he lectured for five years at the USA Special Operations School. Following his association with BCC, Inc., he co-authored studies on water and wastewater global markets, advanced military batteries, and hybrid and fuel cell markets for the transportation industry. Global market evaluations, advanced technologies for military power sources and other advanced technological applications for the military are areas of special expertise. He holds a BS in journalism from the University of Mississippi and pursued post-graduate studies at the University of Mississippi and the University of Kansas.
About STIX
STIX offers world-class analysis in advanced technology, global markets and applied materials research. Visit the STIX website and discover how STIX can help your business. The STIX study points out the opportunities and how U.S. business interests can best take advantage of them. It is available online at www.stix-market-research.com/
Contact STIX (www.stix-market-research.com)
Editorial Contacts:
Donald Saxman, 281/682-2912
Anna Crull: 830/895-1926
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