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The Hindu·3 min read·medium

Andhra Pradesh sets up first overseas investment facilitation centre in Busan

G
G.V.R. Subba Rao
Andhra Pradesh sets up first overseas investment facilitation centre in Busan
AI Summary

Andhra Pradesh has opened its first overseas investment facilitation centre, APEX Korea, in Busan to attract Korean manufacturing and technology firms. The state is actively pursuing partnerships in shipbuilding, footwear manufacturing, and skill development.

Andhra Pradesh intensified its global investment outreach on Wednesday, with Minister for HRD, IT and Electronics Nara Lokesh inaugurating APEX Korea (Andhra Pradesh External Engagement–Korea), the State’s first overseas investment facilitation and outreach centre, in Busan.

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