Vishnudev Sai, Chief Minister of Chhattisgarh, has gone on a major foreign trip to consolidate foreign investments in the state. During his current overseas tour, the Chief Minister will meet with South Korean investors in a series of round table meetings starting today and going up to August 29. The project will help promote Chhattisgarh as an attractive investment centre and the induction of foreign direct investments (FDI) in various major sectors of the state.
During the visit, CM Sai will be meeting major business people, industrialists, investment experts of South Korea to discuss the possible investment area in the manufacturing, infrastructure, energy, technology and the mining industry. The meetings will act as the facilitating factor to dialogue on the collaborative ventures, sharing knowledge, and joint projects that can help in the economic growth of Chhattisgarh and at the same time offer benefits to South Korean investors.
The accompanying officials indicated that the interactions would also publicise how the state has become business-friendly and how Chhattisgarh has strategic advantages, such as having natural resources, workforce, good industrial infrastructure and government incentives to investors. The state government is working hard to make everything easy for the investor and has an ecosystem that gives encouragement to innovation and entrepreneurship.
Sai will also take the occasion to update investors on progress under various state development projects and the possible returns on investment in the long run. It is through these contacts that the Chief Minister of Chhattisgarh will be able to place his state as a favoured destination to external investment in order to experience economic growth, creation of job opportunities and improved international trade and relations.
The visit reflects the interest of the government in terms of attracting global investment as well as strengthening ties in the form of strategic partners of South Korea. As the state government implies significant efforts in the promotion of industrialisation and sustainable development, such roundtable meetings represent the avenues of new cooperation and lead to further FDI in Chhattisgarh.
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