South Korean Ambassador vows investment in Nepal

The South Korean Ambassador to Nepal has announced to facilitate investment in Nepal’s tourism, hydropower, and infrastructure sectors. 

Interacting with the office-bearers of Confederation of Nepalis Industries (CNI) on Monday, Ambassador of South Korea to Nepal Park Chong-suk assured of additional investment from South Korean investors in Nepal and facilitation for such investment. 

On the occasion, President of CNI Satish Kumar More said that the CNI was ready to cooperate with the investors from South Korea stating that opportunities and returns for foreign investment in Nepal were lucrative.  

Stating that the friendly ties between Nepal and South Korea should be transformed into a robust economic partnership, President More urged the ambassador to support bringing in Korean capital and technology. 

Likewise, the CNI office-bearers shared that a favorable environment has been created to manage the skilled workers in Nepal due to a pool of returnee migrant workers from South Korea and suggested that the returnees could be utilized in the enterprises.

Source: RSS