The meeting held at at Urugwiro Village on Thursday, October 12, 2023, as reported by Rwanda’s Presidency, focused on exploring various business opportunities for potential partnerships with Rwanda. The key areas of interest for collaboration included education, technology development, and consumer electronics.

LG Corporation, a prominent South Korean multinational conglomerate, has a rich history dating back to its founding by Koo In-hwoi.

Over the years, it has been continually managed by successive generations of the Koo family. The conglomerate is widely recognized for its diverse portfolio, encompassing a wide range of industries, including electronics, chemicals, and telecommunications products.

LG Corporation operates a multitude 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 subsidiary operations extend their influence across more than 80 countries worldwide, reflecting the conglomerate’s global reach and influence.

Highlighting LG Corporation’s impressive global presence is its substantial annual revenue.

According to 2023 data, the company’s total revenue stands at an impressive $63 billion, equivalent to more than Rwf77 trillion. This substantial financial stature underscores LG Corporation’s capacity for meaningful contributions to business partnerships and collaborative endeavors.

President Kagame has welcomed LG Corporation’s Chairman and CEO, Kwang Mo Koo and his delegation.

The meeting focused on exploring various business opportunities for potential partnerships with Rwanda.

A souvenir photo was taken after discussions.