South Korea committed to strengthen infrastructure partnership: Envoy
South Korea is committed to strengthen infrastructure partnership with Bangladesh, said Korean Ambassador to Bangladesh Lee Jang-keun today.
"Infrastructure development is the key to the success of Bangladesh's economic development and to the achievement of its grand vision to become a developed nation by 2041," he said in his keynote speech at the Infra Project Roadshow held at the InterContinental Hotel today, according to a press release issued by the Embassy of the Republic of Korea in Dhaka.
The Korean Embassy hosted the programme in cooperation with KOTRA Dhaka office.
"We are committed to further strengthening our partnership with Bangladesh in infrastructure area," the South Korean ambassador said.
"I believe infrastructure area can and should be the next RMG sector, another success story of economic cooperation between the two countries. And I think infrastructure can be an area which could take our bilateral ties into a new height in the coming decades," he also said.
The two countries have launched PPP (public-private partnership) platform in 2019 and recently identified five projects to be implemented under this framework including Meghna Bridge project.
South Korea has also been actively providing concessional loans, EDCF, economic development cooperation fund, to support infrastructure projects in Bangladesh, said the release.
Various potential opportunities were explored at the programme for cooperation in infrastructure projects in Bangladesh.
Public Private Partnership Authority (PPPA) CEO Sultana Afroz, appreciating collaboration in infrastructure between the two countries, particularly through PPP platform, mentioned this road show would provide a valuable opportunity to see the progress of the partnership and the potential projects.
Eleven Bangladesh authorities including PPPA, Bangladesh Power Development Board (BPDB), Roads and Highways Department, Bangladesh Railway, Bangladesh Bridge Authority, WASA and 31 South Korean construction and engineering companies, including 12 companies based in Dhaka, participated in the event.