Chouhan holds discussions with Korean investors

Last Updated: Saturday, June 23, 2012 - 14:09

Bhopal: Madhya Pradesh Chief Minister Shivraj Singh Chouhan held one-to-one meetings with Korean investors at South Korea capital Seoul during his current three-nation visit for attracting investment to the state.

An official release said here today that the Chief Minister also addressed an Investment Promotion Interactive Session there. On the occasion, Chouhan offered to develop an Electronic Park in Madhya Pradesh for Korean investors.

He held one-to-one meetings yesterday with Executive Vice-President of Samsung Group’s subsidiary CJ Group Young S Choi, Chief Executive Director of GENCO Corporation Service Park Jong-Hoon, Managing Director of MECEN Park Jae Chul and senior executives of Dohwa Engineering regarding investment possibilities in Madhya Pradesh.

In the interactive session, the Chief Minister dwelt on investment opportunities in Madhya Pradesh and said that the sate government understands requirements of private sector and single-window clearance system has been introduced to ensure that investors do not face any problem.

Chouhan said that the state has 10 mega cement plants, six power plants and one aluminium plant (under construction).

He said that large number of iron ore, rock phosphate, ferro manganese and benefication plants are going to start production.

The Chief Minister said that several foreign companies like Bridgestone, Eicher Volvo, Caparo, Man Force, Lu Geong, Ranbaxy, Lupin, HEG and Avtech have invested in the state.

Chouhan said that comparative large areas of non-agriculture land are available for establishment of projects in Madhya Pradesh.

He said that establishment of new industrial areas is proposed in 50 thousand hectare in Madhya Pradesh adding that there are immense investment opportunities in proposed Investment Corridor and Delhi-Mumbai Industrial Corridor.

He said that the State Government has implemented investor-friendly policies and pointed out that investment Promotion Empowered Committee has been constituted.

Giving information about immense investment opportunities in automobile, auto components, engineering, textiles, minerals, food processing, energy, tourism, education and other sectors, the Chief Minister invited investors to invest in these sectors.

The Chief Minister also invited all investors to participate in the Global Investors` Summit proposed to be held at Indore from October 28-30.

PTI



First Published: Saturday, June 23, 2012 - 14:09

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