President Park Geun-hye delivers a speech about future business prospects for the two nations at the Uganda-Korea Business Forum in Kampala on May 29.
“Let’s swiftly identify new business prospects and achieve great success.”
So said President Park Geun-hye at the Uganda-Korea Business Forum in Kampala on May 29, urging the two nations to further develop their economic relationship.
The president then pinpointed agricultural development, ICT infrastructure, airports, electricity generation and distribution, and cooperation on healthcare as important areas for business expansion.
“Our two nations have a lot of potential for business cooperation,” said President Park, emphasizing that, “It’s up to our businesspeople to expand and strengthen our nations’ economic ties.” Saying that she had been informed that Kampala meant “Hill of the Impala” in the native language, the president asked that business leaders of both countries, “Run fast and leap high like an impala, and use today’s forum as an opportunity to find new business prospects and achieve great success.”
President Park Geun-hye addresses Korean and Ugandan businesspeople at the Uganda-Korea Business Forum in Kampala on May 29.
In terms of cooperation on agricultural development and farming, the president spoke about the impact that Korea’s New Community Movement, or Saemaul Undong, a community-based set of rural development policies, could have in Uganda. “If applied in a systematic and continuous manner, the set of policies could transform Uganda into the breadbasket of Africa. With the participation of Korean businesses in Uganda’s large-scale agricultural development projects, I expect our two nation’s businesses to continue to flourish.”
Ugandan Minister of Trade and Industry Amelia Kyambadde, Chairman of the Private Sector Foundation Uganda (PSFU) Patrick Bitature, as well as 250 businesspeople from both countries were in attendance at the event.
By Lee Hana
Korea.net Staff Writer
Photos: Cheong Wa Dae
hlee10@korea.kr
Attendees at the Uganda-Korea Business Forum in Kampala on May 29 listen as President Park Geun-hye delivers the opening address.
