POSCO ICT, a unit of South Korea¡¯s leading steelmaker POSCO, recently said that it has won a 100 billion won(($89.5 million) deal to provide IT services for a planned railroad project in Vietnam.
The company will provide engineering and information technology services for a 20.2kilometerlong railroad linking Ben Thanh, a downtown area of Ho Chi Minh City, to Long Binh in District 9. The railroad is scheduled to start operations in 2019.
POSCO ICT is also participating in the projects of integrated steel mills being constructed in Indonesia, Brazil and Vietnam.
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