South Korean company to make big investment in Pakistan along with transfer of technology

South Korean company to make big investment in Pakistan along with transfer of technology

ISLAMABAD - A South Korean company has expressed keen interest to set up LEDs and solar cells' manufacturing plants in Pakistan.

Head, Overseas Business Division, Line Tech Inc, South Korea Dr. Won Ho Jung visited Islamabad Chamber of Commerce and Industry and exchanged views to make investment in Pakistan to manufacture various products including LEDs, solar cells, machine tools, vacuum products and others. Dr Won said in the first phase, his Company was looking for partners in Pakistan to introduce its products in Pakistani market and at later stage it was planning to setup a factory for manufacturing activities with transfer of technology from South Korea.

Dr. Won Ho Jung said that his company is also interested in water purification and water treatment plants in Pakistan as the country ahs a potential market for business and investment.