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Wednesday, July 6, 2022

Kamal seeks more Korean investment in Bangladesh

Photo: Bangla Tribune

Finance Minister AHM Mustafa Kamal on August 20 urged the newly appointed Korean Ambassador to Bangladesh Lee Jang-Keun to play an important role in bringing more Korean investors to Bangladesh.

The Finance Minister made the call during a virtual meeting with the Korean Ambassador, said a Finance Ministry press release.

The Finance Minister informed the Ambassador that Bangladesh’s economy is making a rebound from the COVID-19 pandemic with the help of over Taka one lakh crore stimulus packages announced by the Prime Minister and this is a high time for bringing Korean investment in the construction, high-tech and manufacturing sector in Bangladesh.

Referring to the success of Korean giant’s investment in the country, Kamal called upon the Korean Ambassador to play his due role in bringing more Korean investors to the country.

The government, he said, has trust and confidence over the works of Korean construction firms in various public works and Korean giant Daewoo is also showing interest over the construction of third Meghna Bridge to be implemented under the Public Private Partnership initiative.

Echoing with the Finance Minister, the Korean Ambassador assured
that his Embassy would play a role in bringing more FDI from Korea to
Bangladesh.

He also mentioned that Korean EDCF has long been working with
Bangladesh for ensuring development in the country.

Lee mentioned that many Bangladeshi expatriates are now working in Korea and they are sending notable amount of remittances to Bangladesh.

He also mentioned that the mobile assembly plant of Samsung in Bangladesh and the automobile assembly plant of Hyundai in Bangladesh in cooperation with the local partner.

 

fintech

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