President Park launches Korea-Uganda business forum in Kampala

In addition to meeting with Uganda's leader, President Park Geun-hye also found time to launch a Korea-Uganda business forum on Sunday.
More than two-hundred business leaders from the two countries were in attendance to discuss the potential opportunities.
Kwon Jang-ho reports.
Like the speedy impala, President Park said she hoped Korean and Ugandan businesses could find quick success working together.
President Park launched the latest bilateral business forum on Sunday, bringing together some 250 business leaders from the two countries.
Seventy-two Korean businesses were in attendance, representing industries ranging from engineering to medical and bio tech.
President Park expressed her hope that through the exchange, the two countries can help each other in various ways, including agricultural development.


"As you all know, for the last 70 years Korea has experienced successful agricultural development and advancement through the Saemaeul Undong rural development movement. If it were to be comprehensively implemented here as well, then I am positive that Uganda can become the breadbasket of Africa."
, 70 ... , .

The president also said she is looking forward to Korea's involvement in Uganda's infrastructure projects, such as airports, energy and ICT, in addition to expanding Korea's presence in the medical and content industries.
This is the latest in a series of business forums that have been arranged for President Park's swing through East Africa to increase trade ties in the region.
Korea is considered a latecomer as countries like China and Japan have already made inroads there, but joining the action doesn't come without risks.


"Of course Africa has many promises, but it also has its problems, like shortage of infrastructure, even electricity is not available everywhere. But I would say that kind of problem can be overcome and we can see examples of other companies from other countries doing their business successfully in the African continent."

There are already signs of solid progress. At a one-on-one business event in Ethiopia on Friday alone, 13 deals worth a total 24 million U.S. dollars were signed.
Kwon Jang-ho, Arirang News.

Visit ‘Arirang News’ Official Pages
Facebook(NEWS): http://www.facebook.com/newsarirang

Homepage: http://www.arirang.com
Facebook: http://www.facebook.com/arirangtv
Twitter: http://twitter.com/arirangworld
Instagram: http://instagram.com/arirangworld