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South Korea interested to invest in Bangladesh’s ports, shipping

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South Korea interested to invest in Bangladesh’s ports, shipping
W94d2DbRIc6v2rcKJaY7O7BlidfXxgSoPBE30T0g.jpeg

August 30, 02:05 AM 213 Views

http://www.bssnews.net/?p=263716

Seoul , South Korea, Aug 29 (UNB) – South Korea has expressed their interest to invest in the development of Bangladesh’s shipping sector, especially in the establishment of Chittagong Port’s Bay-terminal and Liquefied Natural Gas (LNG) terminal.

The country has informed Bangladesh about their interest in these sectors during a meeting between Bangladesh’s state minister for shipping Khalid Mahmud Chowdhury and South Korea’s ocean and fisheries minister Moon Seong-hyeok at Seoul’s Glad Hotel on Thursday.

The two countries have discussed several issues and interests on each other, and also covered issues such as Bangladesh’s Blue Biotechnology, tidal energy, woman safety, training in maritime sector, jobs for mariners and ship-building.

Abida Islam, Bangladesh’s high commissioner in South Korea, along with Chittagong Port Authority chairman Rear Admiral Zulfiqar Aziz, joint-chief of Bangladesh’s ministry of shipping Rafique Ahmed Siddique, joint secretary Md Muhidul Islam and senior information officer Md Jahangir Alam Khan were present in the meeting- while the director general of Korea’s ocean and fisheries ministry Kim Seong-bum with the director Chang Ki-uk, attended the meeting on behalf of Korea.

State minister said, Bangladesh is a land of immense opportunity with a huge population. It has skilled manpower in the water-transportation sector. It is a big market in the commercial sector, as well. Mentioning South Korea as a good and age-old friend of the country, the minister invited South Korea to invest more in the water-transportation and fisheries sectors in Bangladesh.

State minister visited ‘Busan Port’ on 28th August, which is Korea’s largest port.

Previously, a memorandum was signed in Dhaka on 1st April between Bangladesh and Korean Republic, to maximize the dual development in both countries’ port areas.

Korea has also expressed its interest on building the ‘deep water container terminal’ and offered to train, manage and direct any of the four new marine academies recently inaugurated in Bangladesh.

The state minister is leading a five-member delegation expected to return on 30th August.
 
South Korea interested to invest in Bangladesh’s ports, shipping
W94d2DbRIc6v2rcKJaY7O7BlidfXxgSoPBE30T0g.jpeg

August 30, 02:05 AM 213 Views

http://www.bssnews.net/?p=263716

Seoul , South Korea, Aug 29 (UNB) – South Korea has expressed their interest to invest in the development of Bangladesh’s shipping sector, especially in the establishment of Chittagong Port’s Bay-terminal and Liquefied Natural Gas (LNG) terminal.

The country has informed Bangladesh about their interest in these sectors during a meeting between Bangladesh’s state minister for shipping Khalid Mahmud Chowdhury and South Korea’s ocean and fisheries minister Moon Seong-hyeok at Seoul’s Glad Hotel on Thursday.

The two countries have discussed several issues and interests on each other, and also covered issues such as Bangladesh’s Blue Biotechnology, tidal energy, woman safety, training in maritime sector, jobs for mariners and ship-building.

Abida Islam, Bangladesh’s high commissioner in South Korea, along with Chittagong Port Authority chairman Rear Admiral Zulfiqar Aziz, joint-chief of Bangladesh’s ministry of shipping Rafique Ahmed Siddique, joint secretary Md Muhidul Islam and senior information officer Md Jahangir Alam Khan were present in the meeting- while the director general of Korea’s ocean and fisheries ministry Kim Seong-bum with the director Chang Ki-uk, attended the meeting on behalf of Korea.

State minister said, Bangladesh is a land of immense opportunity with a huge population. It has skilled manpower in the water-transportation sector. It is a big market in the commercial sector, as well. Mentioning South Korea as a good and age-old friend of the country, the minister invited South Korea to invest more in the water-transportation and fisheries sectors in Bangladesh.

State minister visited ‘Busan Port’ on 28th August, which is Korea’s largest port.

Previously, a memorandum was signed in Dhaka on 1st April between Bangladesh and Korean Republic, to maximize the dual development in both countries’ port areas.

Korea has also expressed its interest on building the ‘deep water container terminal’ and offered to train, manage and direct any of the four new marine academies recently inaugurated in Bangladesh.

The state minister is leading a five-member delegation expected to return on 30th August.

South Korean companies were one of the first foreign companies who invested in our apparel sector in the early eighties and set the foundation of new industrialization in our country. Bangladesh owes debt to Korean investors who settled locally, learned the language and in return we gave these investors honored positions in our industrial infrastructure such as in the various chambers of commerce.

They demanded and were given their own SEZ's in various places around the country.

Bangladesh would not be where it is today - without the efforts of investors and entrepreneurs from South Korea.
 

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