• Friday, Nov 27, 2020
  • Last Update : 03:00 am

South Korea to help Bangladesh develop skilled labour for 4IR

  • Published at 03:55 pm October 21st, 2020
South Korea to help Bangladesh develop skilled labour for 4IR
Lee Jang-Keun, the Korean High Commissioner to Bangladesh, pays a courtesy call to the FBCCI President Sheikh Fazle Fahim, at the newly renovated FBCCI Icon 60 Motijheel in the capital on Tuesday, October 20, 2020 Courtesy

The highlight of the meeting was soliciting Korean interest for FDIs or Joint ventures in the automotive component making, and its potential contribution in the tech center

Lee Jang-Keun, the Korean High Commissioner to Bangladesh, on Tuesday hinted on a collaboration with Bangladesh in facilitating the development of skilled labour, aligned with the 4th Industrial Revolution (4IR).

He suggested this during a courtesy call with the FBCCI President Sheikh Fazle Fahim, at the newly renovated FBCCI Icon 60 Motijheel in the capital, said a press release.

During the visit, the FBCCI President appraised the High Commissioner of South Korea on FBCCI Impact 4.0, entailing FBCCI ADR Center, Tech Center, Skill Lab, FBCCI Institute, FBCCI University, Economic Applied Research Center, Multipurpose Workshop / Seminar / Skills Auditorium, and the federation's capacity enhancements with globally top-rated organizations and roadmap to LDC and SDG 2030.

Aligned with Bangladesh’s development trajectory, the present FBCCI board launched FBCCI 2041 which constitutes Impact 4.0 initiative.

However, the highlight of the meeting was soliciting Korean interest for FDIs or Joint ventures in the automotive component making, and its potential contribution in the tech center, providing access to the startup ecosystem; at the same time imploring the counterpart in providing arbitrator for the Alternate Dispute Resolution Centre.

The FBCCI President and the High Commissioner also discussed the apex trade body’s noteworthy economic and social measures during Covid-19; Bilateral Value Chain Initiatives (BVCI); diplomatic relations; trade agreements entailing KCCI, KOIMA, KITA; Covid-19 engagements; investment incentives; TVET skill development through knowledge transfer and labor migrants.

The two countries are expected to engage in stronger cooperation in various facets including FBCCI Impact 4.0.

Jong Won Kim, trade representative, commercial section and Cheol-sang KIM, deputy chief of mission counsellor of the Embassy of Republic of Korea (ROK); alongside FBCCI Vice-Presidents, Md Rejaul Kariem Rejnu; Mir Nizam Uddin Ahmed; Nizamuddin Rajesh and FBCCI Directors Sujib Ranjan Dash, Md Munir Hossain; and Salahuddin Alamgir, were also present during the occasion.

Mostafa Kamal, chairman of Meghna Group of Industries, was also present at the occasion as the honorary consul of Korea in Chittagong.

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