The Korean Export Processing Zone (KEPZ) Hi-Tech park will play a significant role in attracting Foreign Direct Investment (FDI) to Bangladesh, said State Minister for ICT Division Zunaid Ahmed Palak on Wednesday.
"Korea is a pioneer country to invest in Bangladesh and has extended and enhanced its cooperation beyond textile to ICT, energy, blue economy, climate change and infrastructure development for over 45 years," he said.
Palak made the remarks at the groundbreaking ceremony of the KEPZ Hi-Tech Park mentioning that the collaboration between Bangladesh and South Korea goes a long way.
The Hi-Tech Park was jointly inaugurated by State Minister Zunaid Ahmed Palak and South Korean Ambassador to Bangladesh Lee Jang-keun with the physical presence of Kihak Sung, Chairman & CEO of Youngone Corp & KEPZ.
It was a remarkable day for KEPZ in the field of Hi-Tech industrial development, said the Youngone Corp adding that the vision of the company to establish a state-of-the-art Hi-Tech park is coming to a reality.