Dy. Consul General of Republic of Korea to visit Bengaluru
[ad_1]
Deputy Consul General of Republic of Korea in Chennai, Hong-yup Lee, can be visiting Bengaluru to discover and improve commerce and investments with Karnataka from November 24 to 27.
According to a launch, throughout his keep within the metropolis, Mr. Lee can be assembly senior officers of the State authorities, the police, Customs and Immigration, and representatives of the Korean group and Korean companies.
Given the curiosity of Korean firms in a number of trade sectors, the Korean authorities needs to be the facilitator for the sleek funding operations between Karnataka and Korean firms, mentioned the press launch.
Mr. Lee mentioned, “Before COVID-19, some Korean companies and regional governments showed their interest in investing in Bengaluru. Now is the time for the consulate and the Karnataka government to start a joint campaign to resuscitate Koreans’ interest here.”
Currently there are round 40 Korean firms, with greater than 1,000 Korean nationals, in Karnataka.
The consulate hopes to increase and largely improve Korean presence and enterprise operations in and round Bengaluru, in order that it meets the extent of Chennai inside three years.
Sponsors’ curiosity
An funding of $300 million in Ola by Hyundai and Kia final 12 months and a newer possible funding of $40 million in Zomato are few proof of Korean sponsors’ curiosity and willingness to put money into Bengaluru, the discharge acknowledged.
A letter from the Editor
Dear subscriber,
Thank you!
Your help for our journalism is invaluable. It’s a help for fact and equity in journalism. It has helped us maintain apace with occasions and happenings.
The Puucho has at all times stood for journalism that’s within the public curiosity. At this troublesome time, it turns into much more vital that now we have entry to info that has a bearing on our well being and well-being, our lives, and livelihoods. As a subscriber, you aren’t solely a beneficiary of our work but in addition its enabler.
We additionally reiterate right here the promise that our staff of reporters, copy editors, fact-checkers, designers, and photographers will ship high quality journalism that stays away from vested curiosity and political propaganda.
Suresh Nambath
[ad_2]