S. Korea keen to expand success in other sectors

ZOOMBANGLA DESK: South Korean Ambassador in Dhaka Lee Jang-Keun today said his country is keen to develop Bangladesh-Korea’s success in other sectors apart from Ready-made garment (RMG) sector.

The envoy said, “Seoul wants to take the bilateral relations to a new level in 2022, marking the 50th anniversary of Bangladesh-South Korea diplomatic relations and efforts are being made to increase Korean investment in other sectors besides readymade garments.”

The envoy made the remarks in a courtesy call on Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin at FBCCI head office here today, said a press release.

At present, South Korea is the 5th largest country in terms of foreign direct investment in Bangladesh, he added.

During the meeting, the FBCCI president called upon the Korea to invest in Bangladesh’s infrastructure sector and man-made fiber sector.

The President said Bangladesh is enjoying a golden time for investment due to its huge domestic market, growing exports, easy availability of power and infrastructure, government policy support and a large working population.

The countries that take advantage of this opportunity will be benefited, he added.

He also said that the apex trade body will discuss with the Investment Development Authority (BIDA) on organizing road shows or investment summit in Korea to highlight the investment opportunities in Bangladesh.

The meeting decides to hold a business dialogue this year in a joint venture between Korea-Bangladesh Chamber of Commerce and Industry (KBCCI) and FBCCI.

FBCCI Senior Vice President Mostofa Azad Chowdhury Babu, Vice President MA Momen, Md. Amin Helaly, Md. Habib Ullah Dawn, Director Mohammad Anwar Sadat Sarkar, Md. Rezaul Kariem Rejnu, Dr. Nadia Binte Amin, Md. Nizam Uddin, Naz Farhana Ahmed, President of KBCCCI and Chairman and MD of Meghna Group of Industries Mostafa Kamal, Advisor Sahab Uddin Khan, Director General of Korea Trade-Investment Promotional Agency Kim Dong Hyon, First Secretary of the embassy of the Republic of Korea Lee Jungyoul and FBCCI Secretary General Mohammad Mahfuzul Hoque, among others, were present at the meeting. (BSS)