Korean envoy advocates improved investment in MSMEs

Korean International Cooperation Agency (KOICA) Country Director, Mr. Woochan Chang has identified Micro Small and Medium Enterprises’ (MSMEs) development as the only tool for national development.

Chang, who made this declaration in Abuja during a meeting with the management of the Abuja Enterprise Agency (AEA), disclosed that the agency was ready to assist MSMEs in the country with funding and training to attain greatness.

According to the Korean envoy, a partnership with the AEA would help rural farmers in the Federal Capital Territory (FCT) to be better-trained and equipped with better machinery and equipment.

He stated that entrepreneurship support/development was something that would interest the Korean government, assuring that KOICA wouldcontinue to support Nigeria to develop the nation and attain greatness.

“There are many areas we can think of for collaboration, starting from start-ups, business training and education for young people and the agriculture sector too.”

In his opening remarks, the Acting Managing Director/Chief Executive Officer of AEA, Mallam Shehu Abdulkadir, highlighted areas of partnership that could be explored for better outcomes.

He commended KOICA for its contribution to the growth and sustainability of the Nigerian economy and government, particularly through the various capacity building programs from which AEA had directly benefited.

He however solicited for more support from the Korean Government in areas of entrepreneurial support, youth and women development and information technology.