Korea assures Kenya, Africa of backing

November 5, 2010 12:00 am

, SEOUL Korea, Nov 5 – Vice President Kalonzo Musyoka wound up his trip to South Korea on Thursday by attending a luncheon hosted in his honour by Prime Minister Kim Hwang Sik.

The Korean PM described Kenya as a cornerstone state in Africa with which Korea wants to forge closer economic ties.

The PM declared \’every bell has its client to toll it\’, meaning Korea was willing to speak for Kenya and Africa in the G20 summit it is hosting next week.

In his response, Kenya\’s Vice President said Kenya wanted to welcome Korean investors and tourists help boost its economic growth and hasten the realization of vision 2030.

"You are welcome to invest in Kenya and take advantage of the 126 million east Africa community market", he told the Korean PM.

During his visit to Korea, the Vice President delivered the key note address to the world scout parliamentary union general assembly on the role of parliamentarians in supporting the scout movement and youth.

The VP also met with The Korean Chamber of Commerce led by its chairman Shon Kyung Shik who announced that a delegation of Korean Investors will visit the country to scout for investments opportunities.

The Vice President met with senior executives of Daewoo International and Hyundai Engineering.

The Daewoo group was led by senior executive Vice President  Jeon Dyeung who briefed the Vice President of the $1.3 billion coal-fired power plant they will be putting up for KenGen in Mombasa expected to generate over 600 Megawatts of electricity.



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