‘Kenya is Korea's biggest trading partner in East Africa’
Prime Minister Lee Nak-yon called for greater economic and business cooperation with Kenya stating that tremendous synergy can be made by the two countries if Kenya's rich resources and Korea's technology are combined. This was reported by Yonhap in Seoul this morning
Lee made the remarks at a forum in Nairobi for business leaders of the two countries on the second day of his visit to the African nation, where he stressed that the economic structure of the two countries were supplementary to each other.
Lee also emphasized that Kenya is Korea's biggest trading partner in East Africa and that Korea hopes to take part in projects to realize Kenyan President Uhuru Kenyatta's economic development goal, known as "Kenya Vision 2030."
PM Lee said, "Kenya is continuing to make large-scale investments in energy and infrastructure areas in an effort to become a mid-income nation. South Korean companies are widely recognized for their capabilities in those areas."
Lee also stated that Korea is willing to use and share its experience and know-how to help Kenya further develop its agricultural, fisheries and healthcare sectors.
Information & Communications Minister Joseph Mucheru of Kenya said that he's grateful to Premier Lee for visiting Kenya in the first stop of his trip to the region and that Kenya looks forward to greater cooperation with Seoul as his country hopes to develop a digital economy.
