Gandhinagar, 3 November, 2011

South Korea’s Ambassador Mr. Kim Joong Keun called on Chief Minister Narendra Modi today in Gandhinagar and discussed strengthening the trade relations and broadening the scope of business between Gujarat and South Korea.

Expressing interest in partnering Gujarat in the sectors like auto, shipping, electronics and knowledge industries Mr. Kim asked Chief Minister to establish trade relationship especially between Gujarat and the Kyunggi province of South Korea. He also invited Mr. Modi to visit his country with a high-level delegation.

Chief Minister said that Gujarat government is determined to develop ship-building industries alongside 1600 km. long coastline of the state and to construct the world’s largest man-made fresh water reservoir. He said his government would welcome the latest technology from South Korea for these projects.

Mr. Modi invited Korean ship-building companies to set up industries in Gujarat saying that they will get necessary land for setting up of industries on the seacoast of Gujarat. He also called upon Korean companies to set up their ventures in electronic zone of Gandhinagar and in Dholera SIR.

Chief Minister said that car manufacturers like TATA, Ford, Peugeot and Maruti are setting up their plants in Gujarat and that Gujarat’s doors are also open for Korea’s auto major Hyundai.

He sketched out how Gujarat is going to become an auto hub with the manufacturing of over 50 lakh motorcars in the coming years. He also described how Gujarat is proving most favorable investment destination with its pro-business atmosphere, zooming economy, transparent and farsighted policies, entrepreneurial nature of people and zero man-hour loss.

Secretary to Chief Minister A. K. Sharma and INDEXT-B Managing Director B. B. Swain were also present in the meeting.