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Monday, May 31, 2010 - 5.50 GMT

Korean corporate giants to invest in SL
 

 

Over hundred Korean businessmen including some corporate giants have increasingly expressed business interests (trading and investment) with Sri Lanka.

Speaking at a luncheon meeting organized by Sri Lanka-Korea Economic Co-operation Committee, Korean Ambassador, Choi Ki-chul said Samsung SDS, Samsung Electronics India and Korea Electric Power Company are some of the leading companies planning to enter Lanka, reported Daily News.

There are many other IT projects, hospital automization for good medical service, RFID technology for more effective and economical way of production storage and distribution as the future is knowledge economy.

Korean companies also look forward to major infrastructure projects such as the extension of Colombo harbour which is carried out by Hyundai Construction Company at present and the railway systems and water supply system improvement.

Ki-chul said that there are good opportunities for ship building, repair and maintenance technologies if Sri Lanka can come up with a master plan in Hambantota, Galle and other coastal maritime ports.

There are also possibilities for cooperation in the areas of agriculture in terms of increasing the low productivity of rural areas for the preservation of vegetable and fruits, he said.


 

                   

 
   
   
   
   
   

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Last modified: May 31, 2010.

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