South Korean Ambassador Visits 'Binod Corp' Facilities, Pledges Tech Cooperation

Kathmandu. The Ambassador of South Korea to Nepal, Park Tae-Yong, observed various industrial and warehouse sites currently operating under 'Binod Corp'.

During the observation on Tuesday, Ambassador Park expressed commitment to cooperating in expanding production and exports by introducing Korean technology and quality standards in Nepal.

On the occasion, Ganga Khatiwada, Managing Director of Binod Corp and Co-Treasurer of NRNA, provided the Ambassador with detailed information about the production process of NK Cosmetics (Ora Korea) and the company's future export plans. The company aims to utilize Korean technology and quality standards in Nepal to produce goods and reach the South Asian market.

During the observation, Ambassador Park stated that there is immense potential for developing industries based on Korean technology in Nepal. He specifically suggested engaging manpower who have returned to Nepal after acquiring skills in South Korea into the manufacturing sector to promote business. He also assured that necessary support would be provided by the Korean Embassy to make such industries successful.

At the event, products including prestigious Korean brands imported and distributed by the company, Nongshim and Lotte, as well as 'San Soju' produced in Nepal, were displayed.

According to Binod Kunwar, Chairman of Binod Corp, the company has a clear strategy to create employment in Nepal by making its industries fully based on Korean technology and to take Nepali products to the international market.

The company believes that the Ambassador's visit and interest will open new avenues for Korean investment and technology transfer in the Nepali industrial sector.