South Korean investors on Saturday met Finance Minister to discuss ways of reaching a memorandum of understanding on investment plans in manufacturing and agriculture.
Head of South Korean investors’ delegation James Han hoped to reach an understanding on cooperation and development in both private and public sector.
He in Korean language translated by a lady-delegate, said the memorandum of would mark preparation, implementation and cooperation on development plans.
Finance Minister Aggrey Tisa Sabuni said the visiting delegation comprises of specialists in business identification, analysis and feasibility study in manufacturing and agriculture.
He described the South Korean investors as the right people in the manufacturing and the agriculture sectors.
Mr Tisa added that the South Korean investors also participate in joint ventures with the private sector.
The Minister said the government explained to the investors its development plans and the country’s needs including electricity, water, roads, health, education and agriculture.