Korea-Andhra Pradesh Friendship Forum organized the Korea Caravan 2015 in Vishakhapatnam on 22 September 2015. This is for the first time that Caravan was held outside New Delhi.
During this, Andhra Pradesh government announced to create a Korea Desk, which would be an exclusive cell to be opened in the State Secretariat, to issue necessary clearances and give swift response to investors.
Besides, it also called upon the Koreans to join hands with the Indians to set up various industries in the State and in building the capital Amaravathi.
On the other hand, Ambassador of Korea to India Joongyu Lee, while addressing the gathering, reiterated the faith and confidence in the potential of Andhra Pradesh as was reflected by the World Bank’s recent report on ‘Assessment of State Implementation of Business Reforms.
The report ranked the state second in ease of doing business category. Andhra Pradesh was ranked with a score of 70.12 percent, below Gujarat which stood at the top with a score of 71.14 per cent.
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