Dhaka, Bangladesh
Kamal urges Korean businessmen to come up with investment

Kamal urges Korean businessmen to come up with investment

Finance Minister AHM Mustafa Kamal MP invited the Korean businessmen to come up with investment in Bangladesh, saying the country in now a most attractive investment destination in terms of population, market, facilities etc. “Bangladesh is offering most attractive investment incentives to the foreigners in many sectors,” he said while briefing the head and chief executives of 15 South Korean business houses in Seoul, said a ministry press release. Mentioning Bangladesh as the land of opportunity, Kamal invited them to visit Bangladesh and find out their new ventures here. “Bangladesh with huge population is a big market for business,” he told them. The finance minister briefed them about the Bangladesh’s excellent achievement in the Socio-economic sectors during the last 10 years. Underscoring the importance of FDI for Bangladesh, he pointed out Bangladesh is one of the most attractive investment destination in the world. Terming South Korea as a good and long lasting friend of Bangladesh, Kamal urged the businessmen to come forward to invest in Bangladesh and grasp the unparalleled benefit. The Korean businessmen attending the meeting expressed their keen interest about Bangladesh market and assured the finance minister to explore the opportunities prevailing in Bangladesh. Finance Minister AHM Kamal has urged Korea International Cooperation Agency (KOICA) to provide technological education support to Bangladesh in areas like robotics, artificial intelligence, block chain, and energy storage. Finance minister made this request when he met KOICA president Lee Mikyung in Seoul, South Korea. Kamal extended his gratefulness to KOICA for its continuous support to develop the human resources specially the capacity building of the government officials, which is very effective for proper and smooth implementation of projects. He also said there are a number of engineering and technological universities in Bangladesh where KOICA can provide technological education support and continuous training. KOICA president has extended her sincere gratitude for the keen interest of Bangladesh in implementing KOICA supported projects in Bangladesh. KOICA president pointed out that KOICA is planning to implement a project related to “Intelligent Traffic System” to ensure security in road network of Bangladesh which will start from next year. She also mentioned that KOICA is planning to implement a project in the eastern part of Bangladesh in 2021 to prevent losses from flash flood by developing early warning system. Mikyung appreciated the concept of technological education support in specified sector and assured that KOICA will pay attention and will examine the possibility.

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