A day after South Korean Ambassador Joon-gyu lee exuded confidence of starting construction work for the Posco steel project near Paradip early next year, the State Government on Tuesday said the much-required fresh MoU with the company would be signed next month.
“We are at the final stage of the draft and a tripartite MoU will be signed in October-end or early next month,” Steel and Mines Minister Rajanikant Singh said.The MoU would involve the State Government, Posco and Posco-India, a subsidiary of the South Korean company.