The Prime Minister Lee Nak-yeon visits on Wednesday, 14 March 2018, marking the first official visit by a South Korean Prime Minister to the Dominican Republic in 56 years. He will be meeting with President Danilo Medina during his three-day stay in the country.
Prime Minister Nak-Yeon is leading a large business delegation with the goal of following up on cooperation and investment projects in sustainable energy, construction and manufacturing. The visit is coordinated by Dominican ambassador in South Korea, Grecia Fordalicia Pichardo.
Among South Korean projects underway in the Dominican Republic is an SK E&S led effort with a goal to develop the value chain for liquid natural gas (LNG), the development of an LNG Import Terminal in Manzanillo and the construction of a power plant in the city of Santiago, amongst other important investments. SK E&S Co., Ltd., together with its subsidiaries, engages in city gas, power generation, mass energy, renewable energy, and resource development businesses in South Korea and internationally. The company engages in LNG upstream, midstream, and downstream businesses; and the generation and supply of electricity to end-users through thermal, renewable energy, nuclear, and hydroelectric sources. SK E&S also produces and sells heat and electricity from concentrated energy production facilities, such as co-generation plants and incinerators.
Following his stay in the Dominican Republic, the South Korean Prime Minister is scheduled to travel to Brazil to participate in the 8th World Water Forum in Brasilia for another six days.
It is reported that the Prime Minister is looking to strengthen bilateral relations with both countries during his nine-day trip as well as to look for more cooperation in the areas of energy, infrastructure and communications’ technology.
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Listin Diario
14 March 2018
