Korean Company Invests $3.1 Billion into Louisiana, U.S.

U.S President Donald Trump meeting Chairman Shin at the White House 

U.S. President Donald Trump on Monday claims that a South Korean company has invested $3.1 Billion into Louisiana which he described as the biggest ever from a South Korean company.

Trump, while receiving Chairman Shin, head of the delegate from the company, Lotte Group to the White House, says the investment would create thousands more jobs for Americans.

President Trump added that Lotte Group decided to invest as much as that as a result of the strong economy of the U.S.

Great to welcome Chairman Shin from Lotte Group to the WH. They just invested $3.1 BILLION into Louisiana-biggest investment in U.S. EVER from a South Korean company, & thousands more jobs for Americans. Great partners like ROK know the U.S. economy is running stronger than ever! pic.twitter.com/WaJxDeTuxj

— Donald J. Trump (@realDonaldTrump) May 13, 2019