India is in talks with South Korea, known for its maritime technology prowess, for long-term partnership to develop its rivers to drive economic growth.
Tag: South Korea
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Global firms to bid for Mopa airport
Global infrastructure companies such as GermanyĆĀ“s Hochtief Aktiengesellschaft, French firm Vinci Construction, South KoreaĆĀ“s Incheon International Airport
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Govt to utilise Cochin Port to export wheat
High demand for Indian wheat abroad is going to benefit the Cochin Port Trust, which is said to be struggling due to the slowdown. The Union government has proposed to enhance export of wheat and for this the Cochin Port is going to be utilised. South Korea, Bangladesh and Ethiopia are the major buyers of Indian wheat, Union Minister of State for Food and Civil Supplies KV Thomas said recently.
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Land issues of Posco project may be resolved soon
Commerce and Industry Minister Anand Sharma expressed confidence that the issues involved in acquiring some forest land for the $12 billion steel project by South Korean steel major Posco in Odisha may be solved soon. Speaking to reporters, the minister said there have been some difficulties in acquiring certain section of land that was already either encroached or not free from encu
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Delay in Posco project may be dealt by IMG
According to some press reports, the union government may form an inter-ministerial group (IMG) for recommending ways to fast-track clearance for PoscoĆās $12-billion investment plans in Odisha. Last year, the National Green Tribunal sought a fresh environment impact analysis for for the entire 12 million tonne per annum (mn tpa
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Minister gives assurance on Posco’s $12 bn project
At a recent meeting with South Korean Minister Sukwoo Hong, India's Commerce and Industry Minister Anand Sharma assured that Prime Minister Manmohan Singh was personally monitoring the progress of PoscoĆās $12-billion steel project in Odisha. Sharma met his South Korean counterpart at the Partnership Summit organised by the CII to discuss bilat
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ArcelorMittal to trim debt via stake sale
As part of its strategy to offload assets and reduce debt, ArcelorMittal decided to sell 15 percent stake in Canada's Labrador Trough iron ore mining and infrastructure asset. The stake would be bought by a consortium that includes South Korean steelmaker POSCO and Taiwan-listed China Steel Corp in a deal valued at $1.1 billion, repo
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Germany's N-surprise
Germany has decided to shut all its nuclear power reactors by 2022, which may have wide-ranging ramifications for other nations including India.
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DMIC garners Korean interests
Infrastructure majors of South Korea are keen to participate in the $90 billion Delhi-Mumbai Industrial Corridor (DMIC), being built with the financial and technical help of the Japanese government.
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Green Economy: Finland for partnership on clean infrastructure
Clean technologies lead the way for stronger ties between India and Finland. An increasing number of Finnish companies are leaping at the opportunities India has to offer, says Rai Shivapati Ray.
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