In pursuance of his agenda to accelerate industrial growth in the state, the Punjab Deputy Chief Minister Mr. Sukhbir Singh Badal is leading a high level State delegation to Korea tomorrow to impress upon the top honchos of Korean to invest in the state.
During his five days visit to South Korea, the Deputy Chief Minister, accompanied by a delegation of top state officers, would showcase Punjab as the most suitable investment destination for investment. He will also present the strides achieved by the State vis a vis ease of doing business and also the new innovative fiscal incentives available for new investors.
As a part of his itinerary, the Deputy Chief Minister is scheduled to have hectic parleys with business giants especially from the field of electronics, dairy, skill training, infrastructure development, transport, smart cities and environment.
Mr. Sukhbir Singh Badal would also meet key business organizations of South Korea like Samsung electronics to call upon them for invest in Punjab. During a meeting with a Korean delegation in the presence of Chief Minister Parkash Singh Badal and Deputy CM here last week, Vice President Samsung Electronics Kyoung Soo Kim had evinced keen interest in biometric technology and offered to explore smart city and biometrics project collaboration in the state.
On August 31, Deputy CM would also visit Maeil Dairies factory and Integrated Operation Center at Songdo Smart City. Likewise he would attend business seminars and meetings with industry giants besides visiting Samsung electronics the next day. Similarly on September 2 he would visit KDI Sejong and hold meetings at Seoul.
The Deputy CM said there was tremendous potential of business tie up between Korea and Punjab adding that focus of his visit would be to ensure that more and more investment was firmed up for the state. Recalling the age old ties between Punjab and South Korea, Mr. Badal said that thousands of years ago a Korean king had married an Indian princess due to which Koreans accord high esteem to Indians especially Punjabis. Mr Badal said this string between both Seoul and Punjab needed to be revived through people to people contact and promotion of trade and commerce.
He further said that hard work and resilience was the basic qualities, which both the Punjabis and Koreans have in common. “I firmly believe that Koreans and Punjabis have many things in common and they will certainly feel like home whenever they come to Punjab” he added.
Among others accompanying the delegation included Mr. N. K. Sharma, Chief Parliamentary Secretary, Mr. Jangveer Singh, Media advisor to Deputy CM, Mr. Vishwajit Khanna, Principal Secretary Housing, Mr. Anirudh Tewari, CEO Punjab Bureau of Investment Promotion, Mr. P.S. Aujla, Principal Secretary to Deputy CM and Mr. Rahul Tewari, Special Principal Secretary to Deputy CM.
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