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Sukhbir Badal seeks South Korean investment in electronics
Punjab deputy chief minister Sukhbir Singh Badal on Wednesday solicited Korean investment in environment management, transport, electronics and solar cell manufacturing besides offering to establish a Korean Park with plug and play facility to kickstart Korean investment in Punjab.
Punjab deputy chief minister Sukhbir Singh Badal on Wednesday solicited Korean investment in environment management, transport, electronics and solar cell manufacturing besides offering to establish a Korean Park with plug and play facility to kickstart Korean investment in Punjab.
These developments, including an offer by South Korea to engage with Punjab to finalise fields in which it could collaborate with the state, occurred during a meeting between Sukhbir and Korean land, infrastructure and transport minister Kim Kyung in Seoul, a spokesman here said.
HT PHOTO
Officials signing an agreement to bring South Korean investment to Punjab during a meeting in Seoul on Wednesday as deputy chief minister Sukhbir Singh Badal looks on.
The South Korean minister said the government would ask Korean companies who had already invested in India to explore investment options in Punjab.
Sukhbir invited the Korean government to facilitate investment in smart cities in Punjab.
“We are committed to moving fast to facilitate investors who want to set up such cities,” the Punjab deputy CM said.
The deputy chief minister also inked a memorandum of understanding (MoU) with Indian Chamber of Commerce in Korea (ICCK) to promote Korean investment in Punjab.
As part of this MoU, the Invest Punjab would establish a permanent representative office in South Korea.
