Big Korean firms to invest in Bangladesh: Kamal

The Korea International Cooperation Agency’s (Koica) president has assured Finance Minister AHM Mustafa Kamal that large Korean companies including Samsung, Hyundai, Daewoo, LG will invest in Bangladesh.

The assurance came at a meeting yesterday between Koica President Lee Mi-kyung and Kamal at his office on the planning ministry premises.

The Koica president will present the attractive investment environment in Bangladesh to investors in his country upon his return, the finance minister told reporters after the meeting.

Mi-kyung though expressed his unhappiness about the traffic jam in Dhaka city, according to Kamal.

However, it would be manageable as Korea faced such congestions in the past, he said, adding that the Korean government has assured assistance to Bangladesh in tackling the traffic jam.