Chandrababu rolls out red carpet to South Korean investors

Tuesday, December 5, 2017

The AP government and Make in India Korea Center signed a MoU to set up Korea Industrial Complex in the State.

As per the MoU, the Centre will be established at Busan in South Korea. The MIC will also conduct outreach programmes in Korea for the promotion of investment and business in the State.

Chief Minister Chandrababu Naidu attended a business seminar on the second day of his visit at Busan on Tuesday. Addressing the gathering, he said that the State was ahead of other States in creation of infrastructure. AP unveiled the best industrial policy and was offering best packages to the investors. Isuzu, Hero, Bharat Benz an Kia Motors were a few automobile giants that have footprints in the State. ‘ Come up with a project proposal and invest in our State’, he said.

Chandrababu requested Busan Mayor Suh Byungsoo to visit the State as State guest as he is keen on working with Busan. Busan Vice Mayor Kim Young Wan and the Chief Minister discussed the prospects of mutual cooperation between fisheries university of AP and Pukyoung national university in Korea.

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