Korean investors wooed to do business in Salone


August 24, 2015 

As part of ongoing efforts of the Sierra Leone Embassy in Korea to showcase and promote the country’s potentials to Korean companies and potential investors in the aftermath of the Ebola scourge, His Excellency Ambassador Omrie Michael Golley last Thursday (August 20) received the Chairman and CEO of Younghaw Development Industries Limited in Seoul, Kim Hun Ko.

Mr. Ko was accompanied by Director Chul Eui Han and officials representing other divisions of the Korean corporation.

Younghaw Development Industries Limited specialises in the design and construction of SHS (simple housing systems), featuring prefabricated housing units. In addition, the company also manufactures and processes specialised steel structures for industrial plants. It owns an energy generating subsidiary that manufactures generators and solar power equipment.

Ambassador Golley warmly welcomed the team to the Mission, indicating that Mr. Ko’s company could play an important role in Sierra Leone’s post-Ebola recovery efforts, with support for infrastructural construction and energy generation being at the centre of these efforts.

He further stated that Sierra Leone was now truly open for business to genuine investors, and invited the group to visit the country at the earliest opportunity to familiarise themselves with the favourable investment climate and engage in discussions with public officials and those in the private sector.

Chairman Ko accepted the invitation to visit Sierra Leone in the near future, stating that his company had already successfully completed various housing and additional infrastructural projects in Africa, including Angola and Kenya, and looked forward to assisting in Sierra Leone’s post-Ebola national development efforts.

The Minister Plenipotentiary at the Mission, J.T.A. Sawi and Second Secretary Steven Levey, also attended the meeting.