Korea raises manufacturing quota for Lankan migrant workers


South Korea has nearly doubled its manufacturing quota for Sri Lankan migrant workers this year.

It has taken measures to expand labour cooperation and ODA collaboration between the two countries and assist in resuscitating the Sri Lankan economy.

Korean ambassador Santhush Woonjin Jeong informed foreign minister Prof. G.L. Peiris about this during a discussion in Colombo, said the Korean embassy in a statement.

“An increase in the quota for employment provided for Sri Lankans will replenish the much-needed foreign reserves in Sri Lanka and revive the economies of both countries,” he said.

“Also, Korean ODA assistance to development projects in Sri Lanka has been raised by almost 35% this year,” said the ambassador.

Peiris spoke about exploring ways to further promote Korean investment in Sri Lanka, the statement added.