Side-stepping objections of several opposition parties, the Orissa government is all set to sign a memorandum of understanding (MoU) with the South Korean steel major Posco here tomorrow for the setting up of a Rs 52,000 crore steel project at Paradip.Described as the biggest single FDI in the country, the Korean project would involve a 12 million tonne steel plant and development of the Paradip port."The MoU will be signed tomorrow, and all preparations have been made for the purpose", Padmanav Behera, state steel and mines minister, said.A 32-member Korean delegation comprising Posco chairman Ku Taek Lee and Korean Ambassador Jung Il Choi would be arriving here for signing the deal, he added.
