With the meeting of the Rehabilitation and Peripheral Development Advisory Committee (RPDAC) on Thursday set to finalize the compensation package for Posco, the company has planned to start construction work on the project soon.
“Posco India has planned to start construction work on the project and rehabilitation colony in the project area with the cooperation of the villagers. The declaration of Posco package would change the minds of protesters”, said Dong Ho Oh, general manager (planning) of the company.
Prior to the impending RPDAC meet, Posco India had organized an interaction with media persons at Jagatsinghpur on Tuesday. During the interaction, Oh said that the minds of the affected people would change after the declaration of the compensation package.
Posco project is the future of the society because it would change the socio economic scenario of the area. Various steps have been taken to construct rehabilitation colony for the displaced families and the company has asked the tahsildar to provide land for the said purpose. Posco India has already sketched the colony and design of the building”, he added.
Posco officials have also informed that the renewal of memorandum of Understanding (MoU) which expired on June 22 will be completed as per the legal procedure.