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Czech envoy meets Amarinder to discuss investment options

Press Trust of India  |  Amritsar 

Czech Republic Ambassador Milan Hovorka today Chief Minister to discuss investment opportunities in Punjab, particularly in the field of manufacturing.

Hovorka, who was accompanied by a high-level delegation, evinced keen interest in investing in and also setting up a large manufacturing unit, an official release said.

The chief minister pointed out that the state was offering the "cheapest industrial power in the country", with a fast-growing solar power base.

He cited the new industrial policy, unveiled recently by his government, aims at making the state more business friendly.

Noting that the Czech Republic was one of the world's fastest growing economies, the Ambassador said his country was looking at harnessing the opportunities offered by in the areas of electronics, food processing, defence manufacturing, IT, hospitality, entertainment and media.

His country was also keen to set up a large manufacturing unit in the state, the envoy added.

The Ambassador further offered unique 15-seater aircraft for boosting regional mobility in Punjab, saying these planes can take off from any terrain, from mobile airports that can be set up in remote areas.

The chief minister directed his officials to take the Czech ambassador's suggestions forward through further discussion.

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

First Published: Thu, December 07 2017. 14:30 IST