South Korean investors are preparing to launch a new wave of major investments in Bangladesh, signaling renewed global confidence in the country’s economic direction under the interim government led by Chief Adviser Professor Muhammad Yunus.
The development was announced following a high-level meeting between Chief Adviser Prof Yunus and a visiting delegation of South Korean investors at the State Guest House Jamuna on Tuesday.
The delegation was led by Kihak Sung, Chairman of Youngone Corporation, and included senior representatives from major Korean firms, including LG and others involved in textiles, fashion, logistics, healthcare, energy, and renewables.
On Monday, the investors visited the Korean Export Processing Zone (KEPZ) in Anwara, Chittagong—Bangladesh’s largest privately owned industrial park developed and managed by Youngone Corporation—where several delegates committed to immediate investments.
During the meeting today, Chief Adviser Prof Yunus highlighted the government’s commitment to reforms aimed at improving the business environment in Bangladesh, including significant changes to labour, industrial, energy, and investment policies.
“We are delighted that you are visiting Bangladesh at a time when we are building a new Bangladesh,” he said.
Prof Yunus said: “In this new Bangladesh, we have made foreign investment easy and hassle-free.”
He continued, “Our job is to make it smooth for you. I know you have undergone some tough times over the past 16 years, and we want to make up for lost time.”বিস্তারিত