The South Korean government-owned Korea Land Corporation (KLC) will set up an industrial park/technology zone in a high-tech multi-product special economic zone (SEZ) jointly promoted by Gujarat Industrial Development Corporation and Gujarat Vittal Innvovation City (GVIC) Limited in Valsad district.
For this, a tripartite memorandum of agreement (MoA) will be signed between the Gujarat government, KLC and GVIC Ltd in the presence of Chief Minister Narendra Modi here on Tuesday.
Vice Minister for Land, Transport and Maritime Affairs of the Republic of Korea, Do Youp Kwon, will sign the MoA on behalf of the KLC, said a statement issued on Monday.
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