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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.
