After spending a day in Myanmar's capital city,... President Moon is going to visit the jointly developed industrial complex in Yangon... and there he's expected to emphasize on the two countries' economic ties.
Our Park Hee-jun reports from Myanmar. President Moon Jae-in continues his ASEAN diplomacy at his second stop in Myanmar -- Yangon.
The President is currently on a three-nation tour that completes his goal of visiting all ten ASEAN nations within his term in office.
After a one-day visit to the capital city of Nah Pyi Taw,... he travels to Yangon, the largest city in Myanmar.
In Yangon, President Moon will visit the South Korea-Myanmar industrial complex.
The joint site was established in an effort to build a more efficient economic partnership between the two countries.
Korea helps Myanmar improve its infrastructure, while at the same time, Korean companies get better access to the Myanmar market.
This is a great step forward for Myanmar, whose foundation for economic activities is poor compared to its immense potential.
The 108-million U.S. dollar project is due to be completed in 2024.
And during his trip, the president will give a speech at a business forum and groundbreaking ceremony held at the complex.
The event is to be attended by around 450 officials and businessmen, including those from major Korean companies like Samsung Electronics, Hyundai Motor Group, and SK Group.
President Moon will also visit the Korea Memorial Monument.
It's where 17 Koreans were killed in the 1983 Martyrs' Mausoleum bombing in Yangon, in an attempt by North Korea to assassinate the visiting then-South Korean president Chun Doo-hwan.
It will be the first time a South Korean leader pays respects at the grave.
And the president wraps up his trip to the city by visiting Shwedagon Pagoda, the world's biggest Buddhist historical site.
"Myanmar is a country seeing steady economic growth of six to seven percent a year. With the world eyeing its vast economic opportunities,... President Moon will be seeking a win-win partnership that can benefit both countries. Park Hee-jun, Arirang News, Nah Pyi Taw."