Korean business delegation visits Sri Lanka
View(s):A 13-member Korean business delegation visited Sri Lanka last week at the invitation of the Ideal Group to explore business and investment opportunities in diverse areas.
KICOX (the Korea Industrial Complex Corporation), which is the business growth support centre in Korea’s Honam area, was responsible for putting together the delegation which comprised both the private sector as well as government establishments, according to an Ideal Group media release.
During their stay in Sri Lanka the delegation participated in the Ideal Vision Lifestyle and Auto show last week where they had their own stall and met with several business establishments to discuss opportunities of investment and joint ventures.
Some of the key participants were Fine Motors of Korea which manufacture a range of vehicles comprising construction equipment, ambulances, vacuum lorries, dump trucks, etc, Nammi Electronics – manufacturer of spare parts for Ssangyong automobiles and Samsung home appliances, Hyunsung Autotech and many others. “The purpose of visiting Sri Lanka was first to participate in the Ideal Vision Auto and Lifestyle show which was hosted by the Ideal Group; secondly to match companies and corporations from Korea with the Ideal Group and thirdly to discuss about business with Korea in specific and potential projects in the future,” said Support Team/Manager of KICOX, Oh Chae-Won. “We are very excited about doing business in Sri Lanka and look forward to promoting both business as well as friendship ties between Korea and Sri Lanka”.