South Korean POSCO to invest in Andhra Pradesh


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Amaravati, Oct 29 (IANS): Representatives from South Korean steel giant POSCO met Andhra Pradesh Chief Minister Y. S. Jagan Mohan Reddy on Thursday, and expressed willingness to invest in the state.

Reddy interacted with the POSCO executives and told them about the southern state's industrial policy.

He said the state encourages industrial development in the state with a transparent industrial policy.

"The natural resources in the state will help industries and also industrial development in the state," said Reddy about AP, which is still majorly an agrarian state.

POSCO India chairman Sung-Lae Chun, chief financial officer Goo Young An, senior general manager Jung Le Park and other officers were part of the delegation that met the chief minister.

  

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  • Kishore Nayakar, Gangavaram

    Thu, Nov 05 2020

    Steel plant is not constructed on government lands, it was constructed on the graves of many farmers with their sacrifice by giving farm lands till now they don't get any job or relief from government. This time may be it's your time to collide with ys jagan but not it's permanent but after that government collapse then we will show the strength of telugu people at certain time.. so don't play with lives of innocent people who lost their property for industry. So don't ruin the life's of innocent 🙏

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Title: South Korean POSCO to invest in Andhra Pradesh



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