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POSCO construction work may begin in April

Bhubaneswar: The Orissa Government on Saturday expected South Korean steelmaker POSCO to start work on its project in April next year and said it would begin socio-economic survey of the proposed plant site soon.

State Chief Minister Naveen Patnaik said the Government would like to ensure that construction work of the POSCO project started on April 1 in a peaceful environment.

“We want POSCO to come up as per schedule,” Mr. Patnaik told reporters in reply to queries on what steps were being taken to implement the Rs. 52,000-crore project amid the violence. Advocating “peaceful industrialisation,” Mr. Patnaik said he had asked the district administration of Jagatsinghpur to maintain peace as the government would like to see the steel plant to certainly come up in the State.

Mr. Patnaik said the project would generate a good amount of revenue as well as employment for local people. On the South Korean company’s deadline of April 1, the Chief Minister said while the day was being observed as Utkal Diwas in Orissa, it coincides with 50th anniversary of POSCO. - PTI

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