President Paul Kagame welcomed a high-level delegation from LG Corporation, led by the company's Chairman and CEO, Kwang Mo Koo, for a pivotal meeting at Urugwiro Village on Thursday, October 12.
The discussions between the Rwandan government and LG Corporation revolved around prospects for potential partnerships in key sectors, particularly education, technology development, and consumer electronics.
LG Corporation is a South Korean multinational conglomerate founded by Koo In-hwoi and continually managed by successive generations of his family. The conglomerate is known for its diverse portfolio, encompassing electronics, chemicals, and telecommunications products.
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LG Corporation operates a range of well-established subsidiaries, including LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, LG Household & Health Care, LG CNS, G2R, HS Ad, and LG Energy Solution. These operations extend across more than 80 countries worldwide.
The company’s global presence is reflected in its annual revenue. As per 2023 data, the company&039;s total revenue stands at $63 billion, equivalent to more than Rwf77 trillion.