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'Korean companies keen on investing in Andhra Pradesh'

ANI  |  Vijayawada (Andhra Pradesh) [India] 

After wrapping his visit, Chief Minister N Chandrababu Naidu, on Thursday said that some Korean companies are keen on investing in the state of

"We had meetings with the officials from the industries related to automobile, aqua, seaport, logistics, electronics, solar power, software. And they all showed their interest in investing in the state," said Naidu while speaking to reporters on his return from the three-day trip to

Chief Minister Naidu has had a longstanding commitment of forging strong economic ties with overseas companies and bringing in foreign to the state.

He explained how and have opened avenues for greater opportunities in the wake of investors walking out from

"Korean companies have recently had bitter experiences in and now they are looking for better alternatives. It is high time that we attract them here," he said.

Applauding their work culture, he said worked very hard to come out of poverty after the division with North Korea and today it has surpassed in many economic parameters. "If they start a project, they put their time and blood into it and make it a global brand," he added.

The CM had led a large delegation, including government representatives, officials and industrialists, from December 4 to 6.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 07 2017. 16:00 IST
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