Agra: The government on Monday said it will review South Korean steel firm Posco's R 52,000-crore project, which has been stuck for long over land acquisition and other regulatory issues.

The assurance was given by commerce and industry minister Anand Sharma to a visiting South Korean delegation at the ongoing partnership summit organised by the Confederation of Indian Industry. "We are committed to the smooth offtake of the Posco project and will look into the recent developments to expedite the project in consultation with the state agencies. The first meeting of the Cabinet Committee on Investment is day after tomorrow (January 30)," Sharma added.