Pres. Moon seeks greater economic ties with Myanmar through joint industrial complex
  • 5 years ago
문 대통령, 오늘 양곤 도착...한-미얀마 경협단지 기공식 참석

President Moon Jae-in travelled to Yangon, to build closer economic ties with Myanmar.
He attended a ground-breaking ceremony for the two countries' joint industrial complex,... and unveiled a roadmap for mutual economic growth.
Park Hee-jun files this report.
President Moon Jae-in is in Yangon,... to enhance bilateral economic cooperation and co-prosperity with Myanmar.
Myanmar is a Southeast Asian nation that has great economic potential,... seeing a steady economic growth of six-to-seven percent each year.
Recognized particularly for its abundant human and natural resources,... it's a market that many South Korean companies are fishing opportunities for.
Korea is the sixth-largest investor in Myanmar,... with around 200 Korean companies currently doing business in the country.
“This is the product of our two governments’ efforts. South Korea and Myanmar can now go beyond Asia and together enter the global market.”
In efforts to channel such potential into concrete economic benefits,... President Moon attended a business forum and a groundbreaking ceremony for a South Korea-Myanmar joint industrial complex in Yangon on Wednesday.
The site aims to build a more efficient economic partnership between the two countries.
Korea would help Myanmar improve its infrastructure, which in return gives Korean companies better access to the Myanmar market.
This is a great step forward for Myanmar, a country that's been hobbled by poor infrastructure and struggling to fully tap into its immense potential.
The 108-million U.S. dollar project is aimed for completion by 2024.
In his keynote speech at the event, President Moon revealed that South Korea and Myanmar will work to bolster their cooperation in people-to-people exchanges and infrastructure.
They will also work to enhance cultural exchanges and cooperation in the household goods sector.
The President says that more exchanges in the K-Pop, fashion, and cosmetics industries will help the people of the two nations... gain a better understanding of one another.
"Wrapping up his trip to Myanmar after forging closer economic ties with the country, President Moon leaves for Laos on Thursday,... the last stop that completes his pledge to visit all ASEAN nations within his term. Park Hee-jun, Arirang News, Yangon."
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