KEPZ to create 60,000 jobs: envoy

Korean Ambassador Taiyoung Cho said yesterday at least 60,000 people would be employed in Chittagong once the construction of Korean Export Processing Zone (KEPZ) is complete.
“The construction of the KEPZ in Chittagong is almost done. Upon completion, employment opportunities will be created for more than 60,000 people,” said Cho at a meeting with Planning Minister AK Khandker.
During the meeting, Cho highlighted the investment potential of Korea in power, ICT, garments, leather and industrial sectors of Bangladesh and also mentioned the eagerness of Korean investors to invest in Bangladesh.
Some one lakh Bangladeshis were employed in 150 Korean ventures in Bangladesh, added Cho.
Describing South Korea as a friendly country, Khandker said the relationships between the two countries as well as areas of cooperation were further enhanced during Prime Minister's Sheikh Hasina's recent visit to Korea