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Tue, Jul 23, 2019 3:49 AM
Tue, Jan 29, 2019 9:09

LG, Samsung to start production in BD soon

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The South Korean electronics giant LG, Samsung will soon start manufacture of electronic goods in Bangladesh which will reduce trade gap between Dhaka and Seoul

Dhaka: The South Korean electronics giant LG, Samsung will soon start manufacture of electronic goods in Bangladesh which will reduce trade gap between Dhaka and Seoul.

This was revealed today while South Korean Ambassador to Bangladesh Hu Kang-il paying a courtesy call on Foreign Minister Dr A K Abdul Momen at Foreign Affairs Ministry here on Tuesday.

The envoy also mentioned that joint venture of South Korea’s leading conglomerate SK group will set up LPG terminal in Bangladesh to facilitate generation of power amid crisis of availability of natural gas.

The Foreign Minister said Bangladesh is an attractive destination for Foreign Direct Investment and South Korea can take opportunity of the prevailing congenial investment atmosphere here.

Momen thanked Korean Government for their political and humanitarian support in tackling Rohingya crisis.

Foreign Minister also expressed gratitude for Korea’s development assistance in infrastructure and industrial development of Bangladesh as well as creating job opportunities for Bangladesh nationals in Korea.

Momen lauded Korea’s miraculous success in transforming into a developed country within a generation and said it has inspired Bangladesh in its endeavour to steer the nation towards a higher middle income country by 2021.

Korean Ambassador expressed gratitude to Bangladesh for its support to the international initiative of denuclearization of Korean Peninsula.

 

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