Dhaka: 10:31 PM, Fri, 28 Feb, 2020

South Korea keen to increase investment in Bangladesh

Amirul : risingbd.com
Publish on: 2019-07-14 6:14:07 PM     ||     Updated: 2019-07-15 12:47:15 PM

Economic Correspondent: South Korean Prime Minister Lee Nak-yon on Sunday said his country is keen to increase its investment in Bangladesh.

He came up with the enthusiasm while addressing at Korea-Bangladesh Business Forum under the theme ‘Promoting Business Ties Today: Bringing Mutual Prosperity Tomorrow’, jointly organised by Korea International Trade Association (KITA) and Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) at Hotel InterContinental here in Dhaka.

The South Korean Prime Minister said, “Bangladesh’s infrastructural development and increasing economic growth are very positive. We are interested to cooperate Bangladesh in various fields especially energy, infrastructure, ICT and hi-tech sectors to further strengthen trade ties between the two nations.”

“I hope the Korea-Bangladesh Business Forum will help advance the bilateral relations between the two countries to a new level,” Lee said.

The Korean premier said his country is keen to provide cooperation for setting up hi-tech industries in Bangladesh for manufacturing diverse products here.

He observed that Bangladesh needs to expand its export basket beyond readymade garments and ship building industries.

Referring to various Korean assistances in Bangladesh’s energy and infrastructure arenas, the Korean premier said his country would like to extend more support in those fields.

Industries Minister Nurul Majid Mahmud Humayun, Commerce minister Tipu Munshi, FBCCI President Sheikh Fazle Fahim and KITA chairman and CEO Young Ju Kim also speak on the occasion.

Prime Minister’s Private Industry and Investment Affairs Advisor Salman F Rahman and leaders of FBBCI and KITA attended the programme.

The FBCCI and KITA signed a memorandum of understanding (MoU) to strengthen economic and commercial relations.


risingbd/Dhaka/July 14, 2019/Nasir/AI