According to a statement from the ZEE, to which VerAngola had access, on behalf of the chairman of the Board of Directors (PCA) of the ZEE, the administrator Amorbelo Sitongua welcomed the visitors, having made a presentation on the availability of the board in "support South Korean investors who intend to settle in the EEZ or in other parts of the national territory".
After the presentation on the investment opportunities that exist in the EEZ and in the country, the vice president of AKEDA classified the moment as opportune to strengthen bilateral relations between both countries. He also left an invitation to those responsible for the ZEE to participate in the Angola-South Korea business forum, which will take place shortly in Seoul.
Cited in the note, the official indicated that they intend to encourage Korean SMEs to invest in Angola: "Our mission is to encourage Korean SMEs in the areas of biochemistry and manufacturing to come and invest in Angola. We believe that the obstacles of language and culture can be overcome with joint ventures and partnerships with Angolan companies", said Ki Sik Park.
"We saw the infrastructure of the ZEE and we think it is the ideal place for the implementation of industrial projects. We are also interested in bringing companies to produce powdered milk, considering that we are strong in this aspect, as long as conditions are created in Angola for these companies operate and explore milk production," he added.
According to the note, the PCE of Sonangol Holdings, Pinto Arsénio Quinzanga, was also present at the meeting, having indicated on the occasion that the state oil company and AKEDA have a strategic partnership, the result of a memorandum of understanding signed between both parties, which has with the aim of promoting economic relations between Angola and South Korea.
Alongside the GAI, the South Koreans also visited the facilities of the company Ecoindustry, which produces and exports mortars and cement-glue. They were also informed about the ongoing construction of the Center for Industrial Technologies of the Ministry of Industry and Commerce in the EEZ, the result of an investment by South Korea's Exim Bank valued at over US$30 million.
It should be noted that AKEDA is an organization supervised by the Ministry of Strategies and Finance of South Korea, with the aim of promoting and implementing that country's investments in Africa.
