Visakhapatnam

Aspart of a major investment outreach on the fifth day of his visit to South Korea, Andhra Pradesh Minister for Education, IT and Electronics Nara Lokesh on Thursday met Cecilia Chung, Vice Minister for Political Affairs at South Korea’s Ministry of Foreign Affairs, in Seoul and pitched AP as India’s most reliable destination for Korean investments.

During the meeting, Lokesh highlighted Andhra Pradesh’s 3S governance model—Speed, Stability and Service—assuring Korean investors of policy certainty, quick approvals and proactive government support. He highlighted the state’s attractive land prices, incentives and investor-friendly policies. He invited Korean businesses to explore opportunities in heavy industries, green energy, consumer goods, modern retail, tourism and advanced electronics. He said the state’s Education and Skill Development Departments are ready to work closely with Korean partners to create a globally competitive workforce.

Lokesh also proposed establishing an ‘AP–Korea Investment Desk’ to facilitate investments and institutional collaboration. He said the State’s long coastline, major deep-water ports, including Visakhapatnam and Krishnapatnam, and four upcoming greenfield ports offer Korean companies a cost-effective gateway to the Indian market and an export hub for the Middle East, Africa and Europe.