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Odisha seeks Korean investments in Paradip petroleum investment region

The PCPIR is being developed in Paradip to provide a conducive business environment, promoting and attracting exclusive investments in the petroleum, chemicals, petrochemicals and allied sectors

Kandla, Paradip to start work on smart port cities
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Jayajit Dash Bhubaneswar
In the run-up to the second 'Make in Odisha' conclave, to be held in November 2018, the state government is seeking investments from Korean companies for its Petroleum Chemicals and Petrochemicals Investment Region (PCPIR) at Paradip.

The PCPIR is being developed in Paradip to provide a conducive business environment, promoting and attracting exclusive investments in the petroleum, chemicals, petrochemicals and allied sectors. It is one of the four proposed PCPIRs in the country and is located near the Paradip port.

Speaking at a session on investment opportunities in Paradip PCPIR, at the 2nd India-Korea Business Summit 2018, Sanjeev Chopra, principal secretary (industries),

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