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Home ยป Korea seeks collaboration with Nigeria on fourth industrial revolution
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Korea seeks collaboration with Nigeria on fourth industrial revolution

OsunDailyBy OsunDailyJune 28, 2023No Comments2 Mins Read
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South Korea says it is seeking collaboration with the Nigerian government under the leadership of President Bola Tinubu on various areas to enhance and lead the fourth industrial revolution.

Jang Sungmin, the special envoy of President Yoon Suk Yeol, disclosed this at a media parley on Tuesday in Abuja.

โ€œYoon Suk Yoel has sent me as an envoy to this great nation because it is the leader of Africa, has the biggest market, largest population, natural resources and biggest arable land,โ€ stated Mr Sungmin. โ€œNigeria has all the criteria for economic power in Africa, and Korea is a country that has all the technologies and development know-how and economic prosperity to lead the fourth industrial revolution.โ€

He added, โ€œKorea is already leading that industrial revolution. So, President Yeol feels that by combining forces, Korea and Nigeriaโ€™s cooperation will not only lead to prosperity and faster economic development for Nigeria but also prosperity for Africa.โ€

The Korean diplomat stated that the composition of โ€œmy delegation shows you that President Yeol is committed and willing to find better ways to cooperate with Nigeria.โ€

Specifically, he noted that Korea looked โ€œtowards a younger generation workforce and natural resources that Nigeria has, especially to enhance and lead the worldโ€™s fourth industrial revolution.โ€

The envoy reiterated that Korea has the technologies, knowledge, skills and human resources for technological transfer, especially in agriculture, cyberspace, security, biotechnology, and oil refinery, stressing, โ€œKorea looks forward to a future with Nigeria.โ€

He further explained that as Nigeriaโ€™s new leadership under Mr Tinubu had opened up the county for business, Korea was interested in investing more in Nigeria.

โ€œWe believe that Nigeria, especially the new government of Tinubu and Vice-President Kashim Shettima, is a government we can share these common values with to enhance new economic cooperation,โ€ said Mr Sungmin. โ€œKorea used to receive aid from other countries. That is how we became the 10th largest economy in the world. Now we are using that position to give back to the international community. So, we look forward to cooperation with Nigeria in this sense.โ€

(NAN)


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Collaboration Fourth Industrial Korea Nigeria revolution Seeks
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