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Posco: S Korean President seeks help

South Korean President Lee Myung-bak sought Indian government’s “cooperation” in building the $ 12 billion steel plant in Orissa.

Written by Press Trust Of India | Seoul | Published: July 26, 2011 12:58:35 am

South Korean President Lee Myung-bak on Monday sought Indian government’s “cooperation” in building the $ 12 billion (about Rs 54,000 crore) steel plant in Orissa,in the face of people’s agitation over land acquisition for the project. The issue came up for discussions between Lee and President Pratibha Patil. “President Lee hoped that Korean companies expand their participation in construction of infrastructure such as road,power and plant,and called for cooperation of the Indian side in order to realise early Posco project in Orissa,” a statement from Cheong Wa Dae News,President’s office,said.

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