By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

South Korea willing to invest in Cross River

Last updated: July 13, 2021 2:29 pm
4 years ago
Share
1 Min Read
Untitled design 31

The South Korean government has expressed its willingness to invest in Cross River State.

South Korean Ambassador, Kim Young-Chae gave the indication in Abuja during a meeting with Governor Ben Ayade.

Ambassador Young-Chae who explained that big corporations in South Korea were set to do business in Cross River if encouraged, solicited close ties with the state to attract foreign investment from South Korea.

He said Korean businessmen find Cross River State attractive for business.

Governor Ben Ayade told the envoy that Cross River was open to partnerships geared towards developing the state, saying Koreans are responsible people with altruistic business culture.

Also Read: Cross River politics: Ayade sacks Social Housing Commissioner, Chris Njar

Governor Ayade said Cross River was willing to partner Korean government to attract foreign direct investments to the state to boost economic development through the provision of critical infrastructures.

He listed mini-hydro solar energy, mini-dams, irrigation, and agriculture, and road infrastructure as areas of interest for the state while urging the Korean government to also fund other focal projects in the state through its Korea-Africa Economic Cooperation Trust Fund.

  • WhatsApp Image 2021 07 13 at 8.27.47 AM
  • WhatsApp Image 2021 07 13 at 8.27.46 AM 1
  • WhatsApp Image 2021 07 13 at 8.27.46 AM
  • 5be99d06 59c4 4b7a 9a69 375d7ba1aabf

Editor-Oloyede Oworu

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • The light within the walls: stories of resilience from displaced people in Malakal November 7, 2025
  • South Africa: President Ramaphosa arrives in Italy for a working visit to the Holy See November 7, 2025
  • Africa Pushes Scale: African Energy Chamber G20 Forum to Spotlight Large-Scale Energy and Infrastructure Integration November 7, 2025
  • Nigeria’s Olu Verheijen Joins G20 Africa Energy Investment Forum Amid Strategic Reforms November 7, 2025
  • The Gambia’s Ministry of Petroleum and Energy to Present National Energy Agenda at MSGBC Oil, Gas & Power 2025 November 7, 2025

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?