PM welcomes more S Korean investment

Prime Minister Sheikh Hasina yesterday welcomed more South Korean investment, saying it would help achieve the government's main aim of building a developed Bangladesh.

The comment came while South Korean Ambassador to Bangladesh Ahn Seong-doo was paying a farewell call on her at Gono Bhaban. Later, the prime minister's Press Secretary Ihsanul Karim briefed reporters.

Hasina said Bangladesh now has access to Southeast Asian countries, including Thailand, Vietnam and Laos, through Chittagong and the government was working to expand trade and commerce with countries in the region.

Lauding Bangladesh's socio-economic uplift, the ambassador hoped that the country would turn into one of the world's major electronic goods manufacturers as it was marching ahead establishing export processing and special economic zones.

Ahn Seong-doo said Bangladesh and South Korea already started manufacturing electronic goods in joint venture initiatives. South Korea is a major investor in Bangladesh's garment sector, said the ambassador.

The prime minister said South Korea was also benefitting from its investments.

Pointing out Bangladesh's huge progress in the ICT sector, Hasina said the government has put emphasis on establishing small and medium scale industries instead of heavy ones.

She also raised the issue of the “Learning and Earning project” which the ambassador highly appreciated.