Carrying forward his agenda to accelerate industrial growth in Punjab, Deputy Chief Minister Sukhbir Badal would lead a high-level delegation to South Korea on Friday to attract investment in the State.
During his five-day visit to South Korea, Sukhbir, accompanied by a delegation of top State officers, would showcase Punjab as “the most suitable investment destination for investment”, said the official Press statement.
He will also present the strides achieved by the State vis-à-vis ease of doing business and also the new innovative fiscal incentives available for new investors, it added.
As a part of his itinerary, Sukhbir 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.
He would also meet key business organizations of South Korea like Samsung electronics to call upon them for investment in Punjab.
During a meeting with a Korean delegation in the presence of Chief Minister Parkash Singh Badal and Deputy Chief Minister in Chandigarh the previous week, Samsung Electronics vice president Kyoung Soo Kim had displayed keen interest in biometric technology and offered to explore smart city and biometrics project collaboration in the state.
On August 31, Sukhbir would visit Maeil Dairies factory and Integrated Operation Center at Songdo Smart City. He would attend business seminars and meetings with industry giants besides visiting Samsung electronics the next day.
Sukhbir said that there was tremendous potential of business tie-ups between Korea and Punjab, adding that the focus of his visit would be to ensure that more and more investment was firmed up for the state.
He said that hard work and resilience were 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.