Minister seeks more Korean investment
FE REPORT | Friday, 6 October 2023
Industries minister Nurul Majid Mahmud Humayun has sought more Korean investment in the infrastructure sector of Bangladesh for mutual benefits of both countries.
He made the request as the South Korean ambassador in Dhaka, Park Young-sik, called on him at his ministry on Thursday.
Mr Humayun told the Korean envoy that Bangladesh was trying to manufacture its own-brand cars and sought Korean cooperation in this regard.
Bangladesh would graduate as a developing country from least-developed country status by 2026. So, more and more heavy industries would be set up here, he added.
The minister, therefore, sought Korean cooperation in this connection.
Meanwhile, the Korean envoy said Korean brand 'Hyundai' has already started manufacturing cars at Bangabandhu High-Tech Park in Bangladesh.
'KIA', another renowned Korean company, has started the process of manufacturing cars in Bangladesh, he added.
Mr Young-sik told the minister that those who went to Korea for employment are weak in Korean language.
He advised that local workers intending to go to Korea for job purpose have technical and language skills.
The envoy sought Mr Humayun's cooperation in reducing visa-related problems for Korean technicians, entrepreneurs and businessmen working in Bangladesh.
If Korean nationals get long-term visa from the current three-month visa, according to him, it would be a lot easier for them to work in Bangladesh.
talhabinhabib@yahoo.com