Posco Engineering & Construction India, a wholly owned subsidiary of Posco E&C Co Ltd, Korea, has signed an MoU with PNC Infratech Ltd to develop and execute infrastructure projects in India and neighbouring countries.
The collaborative alliance is for infrastructure projects with a focus on dedicated rail freight corridors, high-speed rail networks, personal rapid transport systems, smart cities, integrated townships, development of industrial regions and other core infrastructure projects.
In a statement, In Hwan Ok, Chairman, Posco Engineering & Construction India, said: “The proven capabilities of our two companies would give us an edge in bidding for major infrastructure projects in India and neighbouring countries.”
Posco E&C, an engineering & construction company, is backed by new technologies, skills and experiences from the integrated steelworks of Posco Steel.
