Posco's subsidiary signs MoU with PNC Infratech
Two companies will pitch for infrastructure projects with special focus on dedicated rail freight corridors, high speed rail networks etc
BS Reporter Mumbai POSCO Engineering & Construction India, a wholly-owned subsidiary of POSCO E&C Co, Korea, signed a memorandum of understanding with India's PNC Infratech to jointly develop and execute infrastructure projects in India and neighbouring countries.
The two companies will pitch for infrastructure projects with a special 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.