CM holds parley with South Korea business giants, Continues his outreach program

316

Chandigarh- Punjab Chief Minister Bhagwant Singh Mann on Monday prolonged invitation to the main Koran companies like Daewoo E&C, GS Engineering & Building (GS E&C), Nongshim, Korea Protection Trade Affiliation (KDIA), Seoul Enterprise Company (SBA) and others to put money into the state.

Throughout assembly with Chairman of Daewoo E&C Jung Gained Joo throughout his go to to South Korea, the Chief Minister batted for cooperation within the fields of Renewable vitality initiatives together with offshore wind farms, solar energy crops and hydrogen manufacturing amenities. Likewise, he stated that there was an enormous potential of collaboration within the areas like growth of vitality infrastructure corresponding to LNG terminals, petrochemical complexes and fertilizer crops, City growth and good metropolis initiatives with built-in housing and superior infrastructure options and civil infrastructure initiatives together with roads, bridges, railways, ports and airports. Bhagwant Singh Mann additionally underscored the necessity for strengthening cooperation in sectors like
know-how switch for modular and prefabricated development strategies to allow quicker and cost-effective constructing options.

Throughout strategic assembly with Daewoo E&C, one in all South Korea’s foremost engineering and infrastructure corporations, the Chief Minister highlighted Punjab’s sturdy industrial momentum, fashionable infrastructure initiatives, and the distinctive Unified Regulator framework below Make investments Punjab. He inspired the World Enterprise Group, to discover alternatives in large-scale infrastructure growth, adoption of contemporary development applied sciences, and upcoming industrial townships within the state. Bhagwant Singh Mann additionally laid stress on cooperation in ESG and inexperienced hydrogen initiatives by joint ventures aligned with international sustainability requirements.

In one other assembly with Vice President of GS Engineering & Building (GS E&C) Younger Ha Ryu (Daniel), the Chief Minister underscored the necessity for tie up in sector of Renewable Vitality Tasks (photo voltaic, wind, hydrogen), Infrastructure Growth (roads, bridges, good cities) and Industrial Complexes and EPC Companies. He additionally stated that there was an enormous scope in the important thing sectors like Expertise Switch for Modular Building and Inexperienced Hydrogen and Clear Vitality Initiatives. Bhagwant Singh Mann assured fulsome help and cooperation in these key sectors to present impetus to the event of the state.

In a gathering with Nongshim Holdings, a number one Packaged Meals and Drinks firm, the Chief Minister batted for Meals and Meals processing including that Joint growth of recent immediate noodle flavors tailor-made for Indian tastes needs to be accomplished. Likewise, he additionally batted for enlargement of Nongshim’s presence in Indian supermarkets and e-commerce platforms and collaborating on campaigns concentrating on health-conscious and youth segments. Bhagwant Singh Mann additionally advocated tie up with native suppliers for eco-friendly packaging options and partnering on analysis for longevity meals and plant-based options.

Throughout parleys with Vice Chairman Korea Protection Trade Affiliation (KDIA) Lee Sung kyu, the Chief Minister batted for exploring alternatives for collaboration in protection manufacturing and know-how switch to strengthen industrial capabilities. He additionally batted for collaboration in Cybersecurity and superior protection applied sciences corresponding to AI, robotics, and unmanned methods for data trade and cooperation. Bhagwant Singh Mann stated that Punjab and Korea
can contemplate joint efforts in ability growth and coaching applications to reinforce workforce experience in protection engineering and manufacturing.

In a gathering with Director, Startup Division Seoul Enterprise Company (SBA) Jong Woo Kim, the Chief Minister stated that there was an enormous scope for collaboration in startup incubation and acceleration applications provided by SBA. He additionally mentioned SBA’s international advertising and export help initiatives to assist Punjab-based startups entry worldwide markets including that data trade on innovation ecosystems and greatest practices for fostering entrepreneurship is the necessity of hour. Bhagwant Singh Mann additionally underscored want for exploring cooperation in branding and certification applications like Seoul Awards to reinforce product credibility for Punjab enterprises.

In the meantime, throughout Roundtable assembly on ease of doing enterprise in Punjab, the Chief Minister held deliberations with key Korean corporations Bae, Kim & Lee LLC (BKL), Yulchon LLC, Buddtree Administration Group, SK Securities, Kim & Chang, Shin & Kim, Lee & Ko, Dentons Lee, Korea Worldwide Commerce Group (KITA), Korea Affiliation of Robotic Trade (KAR), Korea Commerce Funding Promotion Affiliation (KOTRA), Korea Auto Components Trade Cooperative (KAP), Yuanta Securities, Capstone Asset Administration, NH Funding & Securities Co., Ltd, Korea Institute for Industrial Economics and Commerce (KIET) and others. Throughout the assembly, he showcased Punjab as essentially the most most popular funding locations and apprised them about the important thing reforms launched by the state authorities. Bhagwant Singh Mann additionally solicited the views of the main corporations to additional streamline this mechanism to present increase to industrial growth.

The Chief Minister additionally visited Pangyo Techno Valley, broadly generally known as the “Silicon Valley of Korea,” to review one in all Asia’s most superior innovation ecosystems. Officers from the Gyeonggido Enterprise & Science Accelerator (GBSA) briefed the Chief Minister on Pangyo’s built-in mannequin for nurturing deep-tech innovation, startups, and high-value analysis. Bhagwant Singh Mann stated that it’s heartening to be taught that with over 1,780 corporations, 83,000 professionals, and 25,000 researchers, Pangyo represents a globally profitable innovation district.

The Chief Minister famous the effectiveness of Pangyo’s structured accelerator programmes, specialised testbeds, and performance-driven analysis mechanisms. He stated that comparable approaches will be tailored in Mohali to strengthen Punjab’s startup ecosystem, R&D capabilities, and high-skilled employment technology. Bhagwant Singh Mann stated that it’s the want of hour to present additional fillip to the excellent growth of Mohali.

The Chief Minister stated that by these intensive engagements, Punjab authorities bolstered its dedication to welcome Korean corporations, selling innovation-led industrial growth, and constructing long-term, mutually useful partnerships. He stated that there’s a large scope for collaboration in various sectors like manufacturing, know-how, meals processing, and analysis. Bhagwant Singh Mann stated that the Seoul roadshow marks an vital milestone forward of the Progressive Punjab Buyers’ Summit 2026, the place international buyers will likely be invited to discover Punjab’s quickly increasing financial and industrial alternatives.