Korean leader Lee urges his nation’s companies to up investment in Central America

Lee Myung-bak, the South Korean president agreed in Panama with his counterparts from eight Central American nations to cooperate for further investment by Korean companies in the region.

It was Korea’s third summit with the Central American Integration System (Sica) and the first since 2005.

About 280 Korean companies are currently doing business in Central America, taking part in construction of thermal and hydroelectric power plants, and employ about 100,000 Central Americans.

Original source: Korea Herald