South Korean Ambassador to Nigeria, Kim Young-Chae has said the two countries stand to gain in having greater economic and business cooperation.
The Korean Ambassador stated this during a courtesy call on BUA Group, in Lagos.
BUA Group one of Africa’s largest foods, mining, manufacturing, and infrastructure companies, played host to the South Korean Ambassador at its headquarters in Lagos.
The Ambassador was received by the Group Executive Director, of BUA Group, Kabiru Rabiu, and other members of the company’s management.
A statement from the company said the visit was in order to discuss areas of partnership and deepen existing business and economic relationships between Nigeria and South Korea.
While addressing the Ambassador and his entourage, Rabiu stated that Nigeria is an investment hub with over 200 million people and over $53 billion generated yearly from its mineral resources.
He added that BUA Group is open to new business opportunities and partnerships in collaboration with Korean companies that would ensure sustainable economic development for Nigerians and Africans.
Young-Chae said South Korea considers Nigeria as a strategic partner and also demonstrated the need for further business facilitation between both countries.
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