South Korea Archives - Gambeta News

SOUTH KOREA FIRM OPEN NEW INDUSTRIAL PLANT IN MOROCCO

Posted on May 5, 2023 by Gambeta News

Morocco continues to attract international actors in the automotive industry, with South Korean manufacturer SJM Flex opening a new industrial plant in Tanger Automotive City on Thursday. Officials from SJM and the Tanger Med Group attended the inauguration of the plant, which covers an area of 4,800 square meters. The plant is set to hire 250 people and increase the rate of local integration. SJM Flex has invested MAD 90 million ($9 million) in the…

EGYPT AND SOUTH KOREA SIGN MOU FOR URBAN DEVELOPMENT

Posted on January 2, 2023 by Gambeta News

The National Agency for Administrative City Construction of the Republic of Korea (NAACC) and the Administrative Capital for Urban Development of the Arab Republic of Egypt (ACUD) virtually signed a memorandum of understanding (MoU) for cooperation in urban development on 28 December. Korea’s Ambassador in Cairo Hong Jin-Wook and Egypt’s Ambassador in Seoul Khaled Abdelrahman participated in the event. The objective of the MoU is to strengthen bilateral cooperation in the construction of the Administrative…

EGYPT AND SOUTH KOREA IN TALKS OVER FREE TRADE AGREEMENT

Posted on August 19, 2019 by Gambeta News

Egypt and South Korea making plans to sign FTA but will the host nation be ready to face both pros and cons of the FTA agreement. Egypt and South Korea are currently in talks over a free trade agreement (FTA). This agreement will help boost trade exchange and joint economic cooperation according to South Korean Ambassador to Egypt Yeocheol Yoon. Speaking during the DNE attendance of the preparation for the online live stream of the…

SOUTH KOREA SUPPORTS KENYA’S AFFORDABLE HOUSING AGENDA

Posted on July 24, 2018 by Gambeta News

South Korea has vowed to support Kenya’s affordable housing agenda. Other initiatives which include energy, agriculture and healthcare; this is after the Prime Minister Lee Nak-yeon visited the country and expressed interest. Affordable housing is among the four development pillars that President Uhuru Kenyatta. The Big Four initiative will see 500,000 homes developed in the next five years. Recently, 300 acres of land were set aside by Tatu City for the construction of 10,000 affordable…