Anantapur: Erramanchi, the proposed site for the construction of KIA motors plant in Penukonda mandal on NH44 Road in the district, will turn out as a Korean City with several companies and ancillary units being planned to be established theres. KIA Motors plant is set to come up over an area of around 600 acres. There are plans to start production by next year.
Meanwhile Korean companies have came forward and given consent to the sate government to invest in the Korean City during recent meeting with the chief minister and other officials. About 37 Korea-based companies of various sectors were planning to invest at least Rs 4,000 crore in mostly ancillary units from auto industry.
At present, the L&T construction company was levelling the barren land near Erramanchi village on NH44 and closer to Devanahalli International Airport. Hundreds of machines and vehicles were being used to level the land. The KIA Motors has established temporary office at the ongoing work site. The state government has also assured to provide necessary water for the units from Gollapalli reservoir which is part of HNSS project phase-II.
With the speedy works of KIA Motors cars unit, the government also sought mutual sharing of knowledge and culture along with trading of exclusives like saris and other agro produces from AP. The Anantapur district would be key place for Korean related companies due to KIA unit and also proposed Korean City, a bunch of automobile industries, I&PR minister Kalava Srinivasulu said. The units will provide big number of direct and indirect employment for the people.
