Kihak Sung, chairman of Youngone Corporation and a pioneer in Bangladesh’s readymade garments (RMG) and textile sectors, who first came to the country in the mid-1990s, was honoured with honorary citizenship on Wednesday for his outstanding contributions to the industry and Bangladesh’s economy.

Chief Adviser Prof Muhammad Yunus handed over the citizenship document to Sung at the formal inaugural ceremony of the Bangladesh Investment Summit 2025 at a city hotel.

Sung was one of five individuals and organisations honoured for their significant contributions to Bangladesh.

“I am truly honoured to receive the honorary citizenship,” Sung told the Summit.

Fabric Lagbe Ltd (innovation category), Walton, bKash (foreign investment) and Square Pharmaceutical (local company) were honoured with the Excellence in Investment Award 2025.

The chief adviser handed over the awards.