KT&G and Mirae Asset Financial Group have created the New Growth Investment Partnership No. 1 to identify and develop new business areas.
“We are forming a strategic alliance with Mirae Asset for investment in new-growth industries in order to secure sustainable growth in the midst of the rapidly changing business environment and to identify businesses of new plant species,” said Lee Woong-kyu, a representative of KT&G’s growth and investment department, in a statement.
He explained that KT&G will invest in new business areas while strengthening the capacity of its existing businesses.