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LG International studies opportunities for investment in Tajikistan’s economy

DUSHANBE, February 3, 2011, Asia-Plus — South Korean company, LG International, is currently studying opportunities for investment in Tajikistan’s economy, according to the State Committee on Investments and State-owned  Property Management (GosKomInvest).

During a meeting with GosKomInvest head Davlatali Saidov here on February 1, Mr. Kim Geng Ho (phonetically spelled), head of LG International’s office in Kazakhstan, was interested in considering specific projects and further possible cooperation, the source at GosKomInvest said.

Kim Geng Ho briefed Saidov on opportunities of the company for implementation of investment projects and activities of LG Corp in the post-Soviet area, in particular in Kazakhstan.

Davlatali Saidov, for his part, acquainted him with the investment climate in Tajikistan and possible privileges and preferences for investors.

Mr. Kim Geng Ho noted that the company would study and determine possible investment projects and he would send his opinion on implementation of one and another project to GosKomInvest, the source added.

LG Corp. is the second largest South Korean conglomerate company, headquartered in the LG Twin Towers in Yeouido-dong, Yeongdeungpo-gu, Seoul.  LG produces electronics, chemicals, and telecommunications products and operates subsidiaries like LG Electronics, LG Display, LG Telecom and LG Chem in over 80 countries.

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