Kochi, Nov 4 (KNN) A high-level South Korean delegation led by the Embassy of the Republic of Korea and the Korean Trade-Investment Promotion Agency (KOTRA) visited Kochi with the view to explore the possibilities of investment and collaborations in various sectors.

The South Korean delegation has shown interest in investing in healthcare, food processing, electronics, renewable energy, infrastructure and tourism sectors in Kerala, and bringing Korean companies to the state, according to a communication from the Industries department on Thursday.  

The delegation met with Industries Minister P Rajeeve and KSIDC chairman Paul Antony during their visit. They also met with representatives of various trade and industry and key officials.

Both sides discussed economic and bilateral cooperation between Korea and the Kerala government. The Korean delegation felt that Korean companies have huge investment potential in electronics, mobile technology, manufacturing, pharmaceuticals and medical devices sectors in Kerala, according to a report in The New Indian Express.

The representatives of the two sides agreed that several sectors such as renewable energy, power, agro and food processing and tourism might be opportunities for collaboration between Korean companies and the state.  (KNN Bureau)