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Envoy Woos Korean Investor to Sierra Leone

By Modupe Gbadeyanka

Ambassador of the Republic of Sierra Leone to the Republic of Korea, Mr Omrie Michael Golley, on Monday, December 19, 2016 visited the Insung Fishing Company establishment based in Yongsan, in Seoul, Korea’s Capital.

Insung Fishing Company has been in the Fisheries business in Korea since 1986 and has expanded from a 3000 ton fishing trawler capacity, to over 70,000 tons with a total of 16 vessels currently conducting fishing activities throughout the world.

During its relatively short history, this company has been ranked among the top ten Korean fishing companies, establishing additionally, refrigeration, processing and distribution operations in Korea, Russia, China, Uruguay, and Namibia.

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Mr Golley was received at the Insung commercial Headquarters by Chairman and CEO Dr In Sung Park, together with other Senior Officials of the company.

At the meeting, which was also attended by the Minister Plenipotentiary and Head of Chancery of the Sierra Leone Mission in Seoul Mr JTA Sawi, the diplomat extolled the virtues of doing business in Sierra Leone, informing his audience that the government was keen on attracting investors that would give added value to the industry generally, and stated that the company’s experience in fish processing, refrigeration, distribution, and its development of  aquaculture operations made it a potential worthy partner, in its quest to develop the fisheries sector as an important facet of the national economy.

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Mr Golley also spoke of the government’s firm commitment in capacitating the private sector in the country in its fisheries development strategy. He invited Chairman Park and his officials to visit Sierra Leone at the earliest opportunity.

Chairman Park expressed his delight in welcoming Ambassador Golley to his company headquarters, adding that his visit was very timely, as the company was currently exploring new areas for investment, particularly along the African coastal shelf.

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He stated that he would give active consideration to the envoy’s presentation on the overall investment climate in the country and the opportunities of investing in the Fisheries Sector particularly.

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Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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