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BRIEFING - ASIA INFRASTRUCTURE - OCT 22, 2004.

Publication: AsiaPulse News

Publication Date: 22-OCT-04
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COPYRIGHT 2004 Asia Pulse Pty Ltd

An executive briefing on infrastructure for Oct 22, 2004, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

POSCO TO SPEND AN EXTRA US$243.5 MLN IN EXPANDING LNG TERMINAL

SEOUL - POSCO (KSE:005490), South Korea's largest steelmaker, said Friday a liquefied-natural-gas (LNG) terminal it is building on the south coast will process more gas than initially planned.

The steelmaker said it will spend an extra 280 billion won (US$243.5 million) for the project at its steelworks in Gwangyang, 423 kilometers from Seoul, to process 3 million more tons of LNG annually.

COURT RULING FEARED TO PROLONG KOREAN CONSTRUCTION SLUMP

SEOUL - A court ruling that halted the government's plan to relocate South Korea's capital outside Seoul is...

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