Archive · 30 Sep 2025
AP Ministers Seek South Korean Investment
Ministers from Andhra Pradesh went to South Korea to encourage businesses there to invest in their state.
They spoke with companies that make medical devices, shoes, and semiconductors.
The ministers are offering easy processes for these companies to set up businesses in Andhra Pradesh and have many plans such as building more airports, ports, and renewable energy.
They hope to create many new jobs with these investments and improve the economy of Andhra Pradesh.
AP ministers visited Seoul to invite South Korean firms to invest.
They met with representatives from Shoealls and SK Hynix.
Ministers promised a single-window clearance system for new units.
AP attracted Rs 10 lakh crore in investments.
Invited firms to the CII Partnership Summit in Visakhapatnam.
- Who
- AP Ministers
- What
- Invited South Korean firms to invest
- When
- Monday
- Where
- Seoul, South Korea
- Why
- To attract investment in Andhra Pradesh
- Ministers on Tour
- P. Narayana and B.C. Janardhan Reddy
- Location
- Seoul, South Korea
- Companies Approached
- Shoealls, SK Hynix
- Focus Areas for Investment
- Ports, Airports, Renewable Energy
- Investment Attraction
- Single-window clearance, land bank
- Investment in AP
- Rs 10 lakh crore in recent months
