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Grenada And South Korea Explore Investment Opportunities

by Amanda Banks, Tax-News.com, London

25 June 2004

An eleven-strong delegation from South Korea arrived in the Caribbean jurisdiction of Grenada on Wednesday on a two-day visit to explore future investment links between the two nations.

According to a Caribbean Net News report, led by Ms. K. J. Lee, president of Global International Investment Group Inc., the delegation focused on a number of areas in which South Korean firms can establish joint ventures, including oil and gas exploration, information technology, infrastructure, tourism and housing.

“I think we are a very good combination of interests and expertise to work with your Government. Our delegation is very happy with the possibilities in Grenada,” Ms Lee told Grenadian Prime Minster, Keith Mitchell.

South Korea has also recently explored enhancing investment links with Trinidad & Tobago.

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