KOICA to pursue giant Korean companies to invest in BD

Publish: 3:28 PM, January 21, 2019 | Update: 3:28:PM, January 21, 2019

DHAKA – Finance Minister AHM Mustafa Kamal today said the Korea International Cooperation Agency (KOICA) President Lee Mikyung would convince the giant Korean companies like LG, Daewoo, Hyundai and Samsung to invest in Bangladesh.

“She (KOICA President) has assured me that after going back to Korea, she will convince giant companies to invest in Bangladesh,”

The Finance Minister was talking to reporters at his ERD office in the city this evening after a high-level delegation of KOICA, led by its President Lee Mikyung met him.

Kamal said since Bangladesh is an ideal place for making investment, the KOICA President would be working to showcase Bangladesh and thus take initiative to bring those large companies here.

Asked about the Rohingya issue, AHM Mustafa Kamal, commonly known as Lotus Kamal, said the KOICA delegation highly praised Prime Minister Sheikh Hasina for her generosity and humanity as she has given shelter to the forcibly
displaced Rohingyas.

“The KOICA President will also take the Rohingya issue to the Korean government on how to work on the issue with the Bangladesh government,” added the Minister.

Citing the traffic congestion in the capital, Lee said Korea also experienced similar problem in their early days.

“But, this traffic problem is manageable and the KOICA President will discuss the issue with their experts in Korea on how to support Bangladesh in this regard,” Kamal added.

The Finance Minister said since country’s partnership with KOICA in 1993, the Korean agency has already financed some 24 projects in Bangladesh involving $57million.

Besides, there are also eight ongoing projects financed by KOREA with an outlay of $55 million mostly in capacity building in health, environment and ICT sector.

KOICA President Lee Mikyung thanked the people of Bangladesh for giving her a warm hospitality during her stay.