According to sources a delegation led by IT, Industries and Urban Development Minister KT Rama Rao held a series of meetings in Daegu Metropolitan City, South Korea on Monday. Daegu is also known as "Textile City" and is home to several textile, fashion and high-tech industries. Moreover the team also met Youngone Corporation Chairman Kihuk Sung whose company had recently announced a USD 300 million investment in Kakatiya Textile Park.
The delegation on Friday visited Cheonggyecheon River Stream in Seoul, South Korea to learn about the river restoration project. Meanwhile KTR enquired about the methods followed in Seoul to keep the river stream clean so that the same can be replicated in Telangana as well.
Further
the minister said that Telangana government would state of the art methods to
clean up Musi which was an arterial river coursing through Hyderabad. Moreover an
agreement was signed between Government of Telangana and MOIBA (Korea Mobile
Internet Business Association) to collaborate in the AVCGI, AI, VR, AR, IoT and
Electronics manufacturing sectors.
