Korea Eximbank opens a representative office in Colombo
View(s):The Export-Import Bank of Korea (Korea Eximbank ), an official export credit agency of the Republic of Korea, opened their representative office in Colombo at a ceremony held at the Galle Face Hotel in Colombo. This new presence comes in response to increased bilateral ties between the governments of Korea and Sri Lanka, in trade, foreign direct investment, development assistance, cultural affairs, and personnel exchanges. The opening of the representative office also coincides with the Bank’s 40th anniversary, the bank said in a media release.
Through the opening of its representative office in Colombo, the Korea Eximbank reaffirms its commitment to continuously reflect and support the evolving development demands of Sri Lanka, as a trusted partner. Its office is located at Korea ODA Center, 9/2, Dudley Senanayake Mawatha, Colombo 8. Officiating the opening ceremony, the State Minister paid a tribute to the Korea Eximbank for its unbridled support to enhancing key economic infrastructure needs of Sri Lanka, specifically in the sectors of transport, water supply and, vocational education and training.
mbassador Chang praised Sri Lanka’s economic progress over the past few years and recollected the many things the two countries share in common, such as the rich cultural heritage and history and a commitment towards inclusive growth. Dr. Lee, Chairman of Korea Eximbank confirmed that the Bank will continue to closely cooperate with Sri Lanka and will increase its financial support to the country in the coming years. The State Minister for National Policies and Economic Affairs, Niroshan Perera, the ambassador of the Republic of Korea to Sri Lanka, Won-sam Chang, and the Chairman of Korea Eximbank, Dr. Duk-Hoon Lee graced this opening ceremony along with many representatives from the government, United Nations, international development organizations and, the Korean and Sri Lankan business community.