Sukhbir Badal To Visit South Korea To Woo Investors

Punjab Deputy Chief Minister Sukhbir Singh Badal is heading to South Korea to woo investors. A state government spokesperson on Thursday said that Badal, during his five day visit to the country would showcase Punjab as the most suitable investment destination.

"As a part of his itinerary, the Deputy Chief Minister 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," the spokesperson said.

He said that Sukhbir Singh Badal would also meet key business organizations of South Korea like Samsung electronics to call up on them for investing in Punjab. During a meeting with a Korean delegation in the presence of Chief Minister Parkash Singh Badal and Deputy CM last week, Vice President Samsung Electronics Kyoung Soo Kim had evinced keen interest in biometric technology and offered to explore smart city and biometrics project collaboration in the state.

"On August 31 Badal would also visit Maeil Dairies factory and Integrated Operation Center at Songdo Smart City. Likewise he would attend business seminars and meetings with industry giants besides visiting Samsung electronics the next day. Similarly on September 2 he would visit KDI Sejong and hold meetings at Seoul," the spokesperson said.

Sukhbir Singh Badal said there was tremendous potential of business tie up between Korea and Punjab adding that focus of his visit would be to ensure that more and more investment was firmed up for the state.

Recalling the age old ties between Punjab and South Korea he said that thousands of years ago a Korean king had married an Indian princess due to which Koreans accord high esteem to Indians especially Punjabis. Badal said this string between both Seoul and Punjab needed to be revived through people to people contact and promotion of trade and commerce

Punjab To Revive Industry At Goindwal Sahib: Deputy Chief Minister Sukhbir Badal

Punjab government has decided to revive the industry in the historical town of Sri Goindwal Sahib and prepared a comprehensive plan to allot land to industrial giants to set up their units, Deputy Chief Minister Sukhbir Singh Badal today said. "The state government would allot plots to industrial giants, like Nerolac and Indian Oil Corporation, and other companies after a thermal plant is set up under the industrial revival plan at Goindwal Sahib," he told reporters after praying at the Golden Temple along with his wife and Union Minister Harsimrat Kaur Bada in Amritsar.

He said the second 'Progressive Punjab Investment Summit', to be held in October this year, will be a platform to showcase the investment opportunities in the state offering maximum incentives. The Punjab government has received good response not only from industrial giants in the country but also from foreign countries like France, Poland, Hungary and Taiwan. Sukhbir Singh Badal further added that Volvo would set up a production unit in the state and a team from the company will visit the state in November to identify the suitable location.

Responding to a question about the rallies organised by former chief minister Amarinder Singh in the State, Mr Sukhbir Singh Badal said that "he has only a single agenda to grab the captaincy of Punjab Congress from Partap Singh Bajwa". "Both Captain (Amarinder Singh) and Bajwa were indulging in personal battle for their political survival and they have nothing to do with the people of Punjab," he added. Referance