OUR STAFF REPORTER HYDERABAD - With the assistance of the Republic of Korea, a Three-MW solar power plant, worth $20million, will be established at the Liaquat University Hospital (LUH), said Korean Ambassador Choong Joo Choi in his address to businessmen at the Hyderabad Chamber of Commerce and Industry (HCC&I) here the other day. He said it was expected that President Zardari would visit Korea the next month to sign an MoU in this respect. He said that with the visit of President Zardari, mutual understanding and friendly relationship would be further strengthened that would help better trade ties between the two countries. Choi said he could see that in Hyderabad City, there was a great potential for investment in agriculture and infrastructure sectors. He said that businessmen from Sindh might take part in Korean exhibitions and trade fairs, whereas, Korea would be happy to provide technical assistance and cooperation in this connection. He said that his country was cooperating in promotion of two way trade between the two countries. He further said that on the recommendation of the HCC&I, visa to business community of Hyderabad would be issued on priority. In reply to a question on barter trade system between the two sides, he replied that perhaps, under international trade rules, the barter system of trade was no more practicable. He suggested that the business community from Hyderabad should come in contact for furtherance of trade. Korean Business Centre Karachi Director General BH Sung said for the improvement of trade relations between two countries queries could be made to the Korean Trade Development Centre. Republic of Korea Consul General In Ki Lee said that many Pakistanis were working in Korea. Earlier, HCCI President Goharullah welcomed the guests, saying that Hyderabad was like an economic hub. He said that there were immense opportunities for investment in the oil, gas and power development sectors in Hyderabad. He added that Korean investors were invited to invest in Hyderabad as it was peaceful and ideal city for investment. He added that in Hyderabad and Kotri Industrial Estates, motorcycles, tractor and CNG-rickshaw manufacturing and assembling plants were working, additionally textile, bed sheets and garments were prepared in Hyderabad. Further in agriculture sector rice, pulses, vegetables and fresh fruits were exported. "In addition to that machine parts and tools are also prepared in cottage industry." He was of the opinion that Hyderabad was ideally suitable for industrial trade. HCCI Senior Vice-President Turab Ali Khoja, Vice-President Abdul Saleem Arain, former President Haji Muhammad Yaqoob and other members Saleem A Shaikh, Maqsood Ahmed Khan, Syed Yawar Ali Shah, Muhammad Arif, Moazzam Ali, Nadeem Ahmed Siddiqui, Muhammad Akram Arain, Hafiz Naseeruddin, Muhammad Shakir Memon, Muhammad Shahid, Abdul Qayoom Nusrat, Haji Haroon attended the event.