Chandra Babu: Korean Companies including LG keen to invest in AP

Amravati Dec 7: Andhra Pradesh Cheif Minister Chandra Babu Naidu has completed his South Korean trip and has returned to the country.The CM has addressed a media conference and shared the details of his visit. Naidu has said that "that some Korean companies are keen on investing in the state of Andhra Pradesh."

CM has added that "We had meetings with the officials from the industries related to automobile, aqua, seaport, logistics, electronics, solar power, software and they all showed their interest in investing in the state."

He has added that "Korean companies have recently had bitter experiences in China and now they are looking for better alternatives. It is high time that we attract them here"

Earlier CM has invited the Consumer electronics giant, LG Electronics to set up a plant to manufacture storage and display systems such as LED and OLED screens in AP.Company president Soon Kwon has said that "We haven't set up manufacturing unit outside South Korea. But, we will consider the proposal of the A.P. government."