Korean firms keen on setting up Korean Hub at Gurgaon

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Chandigarh, Apr 16 (UNI) Top ranking Korean companies have expressed their desire to set up a Korean Hub at Gurgaon in Haryana as a gateway to their future investment in the state.

An 11-member delegation of prominent Korean companies today called on Haryana Chief Minister Bhupinder Singh Hooda here today and sought assistance of the state government in setting up a Korean Hub in Haryana as a follow up to Mr Hooda's visit to Korea in November 2005 when he had invited Korean entrepreneurs to invest in Haryana.

He had also assured all assistance of the state government to the Korean entrepreneurs.

The Chief Minister assured them all assistance of the state government in setting up the Korean Hub to use it as a base, but also urged them to have business partnership with Haryana, might it be for construction of highways or in the form of a Korean City, Business Park, Manufacture Park or Technology Park.

Mr Hooda said during his last visit to Korea, he was highly impressed with the progress of Korea.

He said in Haryana, 36 technical and financial collaborations had taken place with Korean companies pumping in an investment of Rs 280 crore.

He said an industrial-friendly climate had been created in Haryana and the state had ranked as number one State in per capita investment where as it was at number 14 three years ago.

NI MA BK1958

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