{The Deputy Speaker of the National Assembly of the Republic of Korea said Tuesday the country is exploring more potential investment areas in Rwanda.
\n}<\/p>\n
Park Byeong Seug led an 11-member team of legislators from South Korea for a two-day visit in the country to explore potential areas of investment among other things.<\/p>\n
Seug and his delegation who met the Senate president, Dr. Jean Damascene Ntawukuriryayo, on Tuesday lauded the relationship between the two countries as cordial.<\/p>\n
\u201cWe are eyeing areas like energy, Information Communication Technology, general infrastructure and rural development,\u201d he noted.<\/p>\n
\u201cKorea and Rwanda have so many things in common and both countries have scarce natural resources and experienced terrible periods of colonialism, but we are still able to achieve milestones in economic development and poverty eradication,\u201d Seug added.<\/p>\n
He also applauded the country\u2019s Vision 2020 development agenda, saying it\u2019s similar to what Korea used to achieve its socio-economic transformation.<\/p>\n
\u201cI commend President Paul Kagame\u2019s leadership for not only helping the country achieve political stability but also a robust economy,\u201d Seug said.<\/p>\n
\u201cKorea is one of the few countries in the world that have managed to turn from aid recipients to donors in less than a century,\u201d he added.<\/p>\n
Seug pointed out that his country will continue to partner with Rwanda even in other areas.<\/p>\n
Dr. Ntawukuriryayo hailed South Korea for its fast transformation, saying it is an inspiration to developing countries like Rwanda.<\/p>\n
\u201cAbout 40 years ago, this country was among the poorest in the world, but it\u2019s amazing how it got out in such a short time,\u201d Ntawukuriryayo said.<\/p>\n
\u201cThe cordial relationship between the two countries is about 50 years old, but this visit cements it more,\u201d he added. <\/p>\n
South Korea\u2019s largest telecom company, Korea Telecom, early last year entered into an agreement, valued at $140m (about Rwf 91 billion)with Rwanda to deploy a high-speed (4G LTE ) broadband network across the country that will see Rwandans access fast, reliable and cheaper internet services.<\/p>\n","protected":false},"excerpt":{"rendered":"
{The Deputy Speaker of the National Assembly of the Republic of Korea said Tuesday the country is exploring more potential investment areas in Rwanda. } Park Byeong Seug led an 11-member team of legislators from South Korea for a two-day visit in the country to explore potential areas of investment among other things. Seug and […]<\/p>\n","protected":false},"author":2,"featured_media":2000050022,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[75],"byline":[2268],"hashtag":[],"class_list":["post-12199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-homenews","byline-richard-mugarura"],"bylines":[{"id":2268,"name":"Richard Mugarura","slug":"richard-mugarura","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"contributors":[{"id":2268,"name":"Richard Mugarura","slug":"richard-mugarura","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"featured_image":{"id":2000050022,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12199.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12199.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12199.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12199.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12199.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12199.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/12199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=12199"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/12199\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000050022"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=12199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=12199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=12199"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=12199"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=12199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}