South Korea to set up leather factory in KZN

19/10/2007

According to the South African government’s news service, this week saw the signing of a Memorandum of Understanding (MoU) between South Korea and the province of KwaZulu-Natal (KZN), which will lead to the establishment of a leather and furniture manufacturing facility in the South African province.

The agreement came after a recent visit to South Korea by a delegation of KZN government representatives, headed by Premier Sbu Ndebele.

Commenting on the MoU and other economic developments in the rural province of KZN, Mr Ndebele said, “KwaZulu-Natal is the largest province in the country and very rich in natural resources and it also boosts two of the largest harbours.”