Posco to pour $300m more into Thailand | Bangkok Post: business

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Posco to pour $300m more into Thailand

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South Korea-based Posco, the world's six biggest steelmaker, is keen to invest US$300 million to expand its investment in energy and flood prevention in Thailand. 

CEO Chung Joon Yang met Prime Minister Yingluck Shinawatra on Friday to ask for support from the Thai government for the company's expansion into energy and flood-prevention-related businesses.

Ms Yingluck has assigned the Board of Investment and the Industry Ministry to work on the details with the company and on how to proceed with the South Korean firm's investment plans.

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