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Korea finds Bangladesh attractive for investment

  • Diplomatic Correspondent
  • 29 October, 2021 12:00 AM
  • Print news

South Korean Ambassador Lee Jang-keun said Bangladesh is an attractive investment destination for Korea.

He hoped the Korean companies would find more opportunities as “the Government of Bangladesh makes strenuous efforts to improve business environment by removing obstacles.”

 He also expressed his sincere hopes that the future of Bangladesh- Korea relations should be even brighter with diversified success stories. 

 Ambassador Lee Jang-keun was addressing a country lecture on a webinar styled as “Exploring Korea-Bangladesh Relations in the last Five Decades and Beyond”.

Bangladesh Institute of International and Strategic Studies (BIISS) organised the event on Thursday.

In his speech, the Korean envoy highlighted that Bangladesh and Korea enjoy friendly relations since the establishment of their diplomatic relations.

The relations began as Korea recognised newly independent Bangladesh on May 12 in 1972.

The year 2021 marks the 49th anniversary of Korea’s recognition of Bangladesh.

The ambassador mentioned that during the past five decades, the relationships between the two countries expanded and developed on every field of cooperation.

Since the early 1980s, he said, Korea has been the leading foreign investor in the RMG sector of Bangladesh.

Korea continued to hold its position as a major foreign investor in Bangladesh, Lee Jang-keun mentioned.

“Slow but steady, more and more Korean companies started investing in different potential areas like electronics, automobiles, and ICTs,” he said. 

BIISS chairman M. Fazlul Karim presided over the session while BIISS director general Major General Md. Emdadul Bari delivered the welcome address.

Senior officials from different ministries, ambassadors and high commissioners, senior civil and military officials, media, academia, teachers and students from different universities participated in the webinar.