Korean entrepreneur keen to invest in Sri Lanka’s energy & agriculture sectors

August 23, 2024 at 3:36 PM

Leading South Korean entrepreneur Yong-Jo Mun has expressed willingness to invest in Sri Lanka’s energy and agriculture sectors.

According to the Prime Minister’s Office, the South Korean entrepreneur had shared his views during a meeting with PM Dinesh Gunawardena at the Temple Trees in Colombo on Thursday (Aug 22).

During the meeting, Yong-Jo Mun said the entrepreneurs attached to the International Interchange Development Association, of which he is the President, would like to invest in several solar energy projects as well as in the cultivation of fruits in Sri Lanka for export to Korea and other countries.

PM Dinesh Gunawardena said that Sri Lanka welcomes investments in these sectors and explained that the government plans to increase the share of alternative energy sources to cut down the dependence on crude oil.

They also discussed possible investments in fisheries, health, and construction sectors, especially new technology to upgrade production in these sectors.

Ven Wedande Jinarathana Thera accompanied the Korean delegation headed by Mr Yong-Jo Mun, Ms Moony Enjio, Mr Lakpriya Athukorala and Ms Sudharma Kulatunga. MP Yadamini Gunawardena, Additional Secretary Mahinda Gunaratne, and Advisor Sugeeswara Senadhira also took part in the discussion. (Newswire)