Chief Minister Raman Singh on Tuesday met a top-level delegation of South Korean company ‘Hunwaha’ led by vice-president lee King Hoon from Seoul at Mantralaya here.
The South Korean delegation expressed their desire to invest in low-cost housing in the Capital and other towns of Chhattisgarh.
The members said that they were willing for public-private partnership (PPP model). The Korean delegation appreciated the development projects in Naya Raipur.
The members said that they have constructed a colony of one lakh residential quarters in war-torn Iraq’s Capital Baghdad.
Singh revealed that there are immense investment opportunities in solar energy, defence production and electronics industry. Industry Department Additional Chief Secretary N Baijendra Kumar, Principal Secretary to Chief Minister Aman Kumar Singh and Secretary, Industry, Subodh Kumar Singh were also present.
It may be mentioned here that Chhattisgarh business delegation led by Chief Minister Raman Singh had visited South Korea last month and invited entrepreneurs to invest in the State. There are about 40,000 employees working in South Korean company and revenue of $65 million.
The delegation members informed Singh that they are keen on investing in defence production at Rajnandgaon district apart from housing units in Naya Raipur.