Orissa Steel Project Tests India's Mettle  

Oleh:

Viswanath, Anurag ; Catching, Rebecca

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Far Eastern Economic Review vol. 171 no. 9 (Nov. 2008), page 30.
Topik: Orissa; State; Steel; India

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: FF21.21 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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The sweltering heat and humidity does little to deter enthusiastic taxi drivers gathered outside Bhubaneswar airport, the capital of the eastern Indian state of Orissa. “Welcome to Orissa, Land of Investment!” our driver declares as he adjusts the rear-view mirror. Over the last decade, a slow investment trickle into the state has turned into a flood, and Orissa has cornered India’s single largest chunk of foreign direct investment by any individual investor—a whopping $12 billion steel plant project by South Korean steelmaker POSCO. The deal should—in theory at least—be a dream for the state, which is one of India’s poorest with 40% of its 37 million people subsisting under the poverty line.

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