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

  • Afreximbank supports Veenocks’ US$145 million project for industrial expansion and regional growth November 2, 2026
  • International Sports Press Association (AIPS) President Gianni Merlo Joins African Collaborations Group (ACG) Advisory Board to Advance Sport and Entertainment Districts Across Africa November 2, 2026
  • Ethiopia hosts first Emergency Medical Teams global meeting in Africa November 2, 2026
  • Liberia: Ambassador Yin Chengwu Attends Handover Ceremony of China-Aid Agricultural Machinery Modernization Project November 2, 2026
  • Energy costs, storage value and industrial competitiveness led Day 2 of C&I Energy + Storage Summit November 2, 2026

Trending

FG
FG Plans National Digital Farmers Data Register
Headlines
ADP LOGO
ADP CRISIS: Presidential Candidate Accuses Party Chairman of Sabotage
Politics
WhatsApp Image 2025 12 25 at 1.40.13 PM
Delta Governor On Crime Fighting
Africa
AIT IMAGES 31
Niger Mining Deaths: Group demands independent probe, accountability
Local
AIT IMAGES 1 4
AAC Writes EFCC, Seeks Scrutiny Of Oyo State Funds Ahead 2027 Polls
Politics

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?