Monday, April 19, 2010

Korea and Bohol Philippines Business

Korean partners fueled up Gov. Erico Aumentado's bandwagon of development that grooms northeast Bohol as the multi-industry capital of the province or even the region.

The multi-industry cluster team of the Korean embassy came last Friday with officials of the Department of Science and Technology to check the status of the ongoing land preparation at the special economic zone in Talibon.

Man Hwan Park was, country representative of the Economic Development Cooperation Fund (EDCF) of the Korea Export-Import Bank (Eximbank), came earlier on April 12 to relay the Korean government's full commitment to Bohol's progress during the birthday bash of Constantino Reyes- -runningmate of Ubay Mayor Eutiquio Bernales.

Park assured that the Korean government will pour multi-billion-peso projects to the second district under the multi-indutry cluster concept.
  
Philippines and Korea had signed the Memorandum of Understanding (MOU) on the establishment of a multi-indutry cluster in May last this year during the celebration of the 60th anniversary of the diplomatic relations between the two countries. - Bohol Chronicle

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