Rajasthan CM Bhajan Lal Sharma invites Japan Vice Minister for Economy to Rising Rajasthan Global Investment Summit
Sep 12, 2024
Tokyo (Japan), September 12 : Rajasthan Chief Minister Bhajan Lal Sharma on Wednesday met Taku Ishii, the Parliamentary Vice Minister for Economy, Trade and Industry of Japan, in Tokyo.
Sharma invited Ishii to the Rising Rajasthan Global Investment Summit, which is scheduled to be held in December.
A high-level delegation was led by the CM on Monday, where he participated in an investors' meet in South Korea's capital city, Seoul, and invited the business community and investors from the East Asian country to explore investment opportunities in Rajasthan.
This was the first international investors' meet of the state's upcoming 'Rising Rajasthan' Global Investment Summit 2024.
The Chief Minister, addressing the gathering, delineated his government's agenda of doubling the state's economy from the current US 180 billion dollars to US 350 billion dollars in the next 5 years and assured the investors that "the state is continually improving processes and policies to provide 'ease of doing business' in the state."
Exhorting the startups, innovators and members from South Korea's top business groups, to do business in Rajasthan, Chief Minister Sharma said, "The Government of Rajasthan is not looking at South Korea as a source of investment only, but also aspires to build a strong and long-term partnership across sectors with the business leaders of South Korea. As part of our investor-friendly initiatives, my government will soon launch a slew of new policies that will enhance the business-friendly climate in the state, including the new Industrial Policy, Export Promotion Policy, MSME Policy and One District, One Product (ODOP) Policy."
Besides the investors' meet, Chief Minister Sharma also held one-on-one meetings with senior officials of several big South Korean companies and associations from key sectors such as infrastructure, chemicals, startups and tourism, among others.
This includes meeting the senior officials of POSCO International, SG Corporation (a South Korean asphalt concrete manufacturer), GS E&C (a South Korean firm working in renewable energy and battery storage space), Hanwha Solution (chemicals), and Jeonbuk Creative Economy Innovation Centre (JCCEI), which works as the incubator for startups.
