Posco is worth to invest at 22 Billion USD market value with a target of 30 Billion USD market value by end of 2022.
Posco is Iron and Steel company with headquarters in South Korea having market value more than 20 Billion USD.
Posco has plans to setup steel plant in Visakhapatnam of Andhra Pradesh. Still the discussions are going on.
In next 4 to 5 years, there will be huge appreciation on land assets which will be acquired to setup steel plant as Visakhapatnam was made executive capital of Andhra Pradesh in India.
Apart from this business wise also Posco is doing good. Every year it is having Net Profit more than 1.4 Billion USD in last 4 years.