South Korean delegation to explore investment opportunities in Pakistan next month
https://profit.pakistantoday.com.pk/2018/11/23/south-korean-delegation-to-explore-investment-opportunities-in-pakistan-next-month/
‘Korean investors are looking at Pakistan Railways as future investment prospect’
Envoy says fertile lands of Pakistan can double their yields if modern technology and quality seeds are used
‘Korean companies are eager to transform Pakistan’s local industry on modern patterns’
ISLAMABAD: A senior South Korean delegation is set to arrive in Pakistan next month to explore future investment opportunities in Pakistan with a specific focus on the upgradation of Pakistan Railways infrastructure.
In an exclusive chat with Pakistan Today, Ambassador of the Republic of Korea Kwak Sung-kyu said the Korean investors are looking at Pakistan Railways as a future investment prospect.
“Since ML-I is a project which needs an investment of around $80 billion, there is a possibility that it would be constructed in phases. Korean companies believe that they can invest in ML-I,” the diplomat mentioned. “Korean companies would also look for investment opportunities in ML-II and ML-III projects.”
He said Korea intends to provide locomotives to Pakistan Railways, adding that talks would be held in this regard between the two sides soon. 
