August 29: A visiting delegation of industrialists from South Korea including ambassador to Nepal, Park Taeyoung, called on Minister for Physical Infrastructures and Transport, Prakash Jwala, and sought a proposal for the investment in infrastructures sector in Nepal. During the meeting held at Minister Saud's office in Singh Durbar on Monday, the delegation reminded that they have invested in Nepal's hydropower, and are now ready for investing in the infrastructures sector as well.    
Ambassador Park said South Korea was ready to invest in roadway and railway in Nepal. He made it clear that they want to hold discussion on any concrete project in this regard. He also recalled that although Nepal and South Korea were ready for Korean investment in infrastructure sector in 2018, the two countries could not sign an agreement due to the change in government.    

The establishment of diplomatic ties between Nepal and South Korea will reach 50 years very soon. South Korea is interested to utilize the occasion for investment in Nepal.    
In response, Minister Jwala said he would make utmost initiative to prepare a proposal for the investment. He thanked Korean government for providing training to Nepali engineers at different time. -- RSS