Desk To Be Set Up In Andhra To Facilitate Korean Investors – AP Chief Secretary

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The Chief Secretary of AP, Sri IYR Krishna Rao stated that a desk will be soon set up in AP to facilitate Korean investors. This move was made with a mission to invite more industrialists from the Republic of Korea to invest in Andhra Pradesh.

Chief Secretary also reminded of the historic connect that exists between the two countries, and said that the relations between India and South Korea were purely cultural and not commercial. He emphasized on the immediate need for strengthening the two millennia old relationship between the countries that began with the Princess of Ayodhya marrying the King of Korea in 48 AD.

The CS spoke at the inaugural of the Korea Caravan organised by the Korea Andhra Pradesh (AP) Friendship Forum on Tuesday, and stressed on the ease of business in the State which was lately recognized by the World Bank in its report on the subject.

He invited Korea to partner with AP in building the Greenfield capital Amaravati and thanked the Embassy of Republic of Korea for selecting Andhra Pradesh for organizing the first-ever Korea Caravan outside New Delhi.

Ambassador of Republic of Korea to India, Joon-gyu Lee, stated that the new state of Andhra Pradesh is making commendable progress and is drawing attention globally. He said that Korean industries have developed expertise in a number of avenues and are now keen on investing in Andhra Pradesh into the areas of infrastructure, skill development and smart cities. He affirmed that AP is an attractive investment destination with inborn advantages like natural and human resources and hoped that the State Government would support the investments.



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