Andhra News

South Korea to provide infrastructure for Vizag Metro Rail

South Korea to provide infrastructure for Vizag Metro Rail
VIJAYAWADA, AUGUST 24, 2018
A delegation of manufacturer of rail coaches , Signalling system and track developers from South Korea had meeting with Chief Minister of AP and expressed their readiness to provide the necessary infrastructure to build the Vizag Metro Rail.
It has been explained that KIA Motors had set up Motor Car Unit in Anantapur and first KIA Motor Car is likely to roll out in the month of January 2019.The said company was established under fast track mode , and it has been very successful. Further the delegation were informed that , a South Korean township is also coming up in Anantapur district.
All this show that the A P is a favourable destination for investment by the foreign companies.
The CM AP said that State government has created an industry-friendly ecosystem in the State and requested them to make AP their favourable destination and come forward with investment proposals.

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