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Odisha CM invites Korean industries to invest in state

Updated: Sep 25, 2019 07:26:22am

Odisha CM invites Korean industries to invest in state

Bhubaneswar, Sep 25 (KNN) In a bid to bring investments in the state, Odisha Chief Minister Naveen Patnaik has invited Korean industries to invest in Odisha.

Welcoming the ambassador of the Republic of Korea, Shin Bong-kil, and a nine-member business delegation at Lok Seva Bhawan here, the CM said there were significant opportunities for both Korea and Odisha to strengthen trade, investment and tourism ties.

Highlighting about Odisha’s six focus sectors– Electronics manufacturing, Petroleum, Chemicals and Petrochemicals, Textiles, Tourism and Downstream to Metal and Food Processing, Pathnaik said the state would facilitate the growth of these industries by providing a conducive business environment, industry-ready infrastructure and skilled workforce.

Expressing that Korea and Odisha have many possibilities to collaborate across identified focus sectors, he said "I would like to take this opportunity to invite all industries from the Republic of Korea to come visit Odisha and explore the new opportunities that the state has to offer."

In addition, he mentioned that the state would soon promulgate a strategy document, Vision 2030, which aims to ensure that 50 percent of the primary metals produced in the state is value-added within the state. 

The Korean Ambassador appreciated the vision of the Chief Minister and the keenness of Odisha Government for investment and industrialisation in the state. 

He expressed strong possibilities of investment in various sectors including agriculture, horticulture, fisheries and services.



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