Team News Riveting
Raipur, August 28
Chhattisgarh Chief Minister Vishnu Deo Sai today met with Jin Sik Yoon, Chairman and Kim Ki Hyun, Vice President of the Korea International Trade Association (KITA), in Seoul.
KITA, with over 77,000 members, is South Korea’s largest trade body and one of Asia’s leading business platforms.
On this occasion, CM Sai highlighted the strength of Chhattisgarh’s Industrial Policy 2024–30, its rich natural resources, and skilled human capital. He engaged in extensive discussions on potential avenues of investment, technology transfer, and skilling.
“Our ties with South Korea are not merely economic but also cultural and historical,” CM Sai remarked. “This dialogue opens new doors for collaboration in investment, technology, and skill development. It will provide opportunities for Chhattisgarh’s youth in modern industries and accelerate the state’s industrial growth.”
The Chief Minister stressed that the state government is fully committed to providing investors with a facilitative environment, speedy clearances, and necessary infrastructure. He expressed confidence that collaboration with KITA would earn Chhattisgarh a new identity on the global industrial map.
During the meeting, KITA Chairman Jin Sik Yoon and Vice President Kim Ki Hyun expressed deep interest in Chhattisgarh’s investor-friendly policies and abundant resources. They said Korean companies are enthusiastic about exploring investment opportunities in the state and will take concrete steps towards partnerships in the near future.
CM Sai noted that this cooperation will directly benefit farmers, workers, and local entrepreneurs. Investments in food processing, electronics, automobiles, steel, and renewable energy will generate thousands of jobs, while technology transfer will boost the quality and competitiveness of local industries.
CM Sai further emphasized that Chhattisgarh is not only rich in natural resources but also home to a hardworking and skilled youth population. CM added that “Partnerships with Korean companies will open new avenues for skilling and technical training, strengthening our human resource base at the global level. This collaboration will elevate Chhattisgarh’s economy and, in the years ahead, the state will stand as a model of self-reliance and global partnerships.”
Sai Invites Investors to Chhattisgarh During South Korea Visit
Chief Minister Vishnu Deo Sai today invited South Korean investors to explore opportunities in Chhattisgarh, highlighting the state’s potential during the Chhattisgarh Investor Connect programme held in Seoul, the capital of South Korea, in association with the Korea International Trade Association (KITA).
Addressing the gathering, the Chief Minister said Chhattisgarh is fully prepared for global investments and industrial partnerships, backed by its pro-active and development-oriented Industrial Policy 2024–30, abundant natural resources, and a trained workforce.
CM Sai remarked that Korean brands are part of every Indian household, with companies like LG, Samsung and Hyundai having penetrated even remote villages. He underlined that Chhattisgarh offers abundant water, power, iron ore and steel, along with excellent connectivity, creating new doors of opportunity for South Korean investors.
The Chief Minister assured investors that the state government will extend full support at every stage through single-window clearance, ease of doing business measures, and industry-friendly policies. He said that today, Chhattisgarh welcomes global investments in sectors such as minerals, energy, steel, food processing, electronics manufacturing and IT start-ups.
Shri Sai further emphasized that Chhattisgarh’s development model is not confined to industrial growth alone, but is equally focused on employment generation for youth, empowerment of women, and ensuring better value for farmers’ produce. “Along with industrial investments, social empowerment remains our top priority,” he added.
During his visit, the Chief Minister also called on Indian Ambassador Shri Amit Kumar at the Indian Embassy in Seoul and held detailed discussions on Chhattisgarh’s investment prospects. CM Sai said, “We have explored strong possibilities for bilateral economic partnerships spanning from steel and minerals to electronics and food processing.”
He highlighted the cultural and business ties between South Korea and Chhattisgarh, noting that such partnerships would significantly accelerate technology transfer, research and innovation, and high-value job creation. The Chief Minister urged Korean investors to choose Chhattisgarh as their new industrial destination and become partners in this journey of shared prosperity.
Senior officials of the state’s Industries Department and representatives from investment promotion agencies were also present on the occasion.
