Overseas Infrastructure City Development Support Corp and K-Sure Join Hands to Revitalize Overseas Investment

The Korea Overseas Infrastructure & Urban Development Corporation (KIND) announced on the 19th that it signed a business agreement with the Export-Import Bank of Korea at its headquarters to support the activation of overseas investment development projects by Korean companies and the transition to carbon neutrality. They agreed to jointly support carbon-free energy projects, collaborate on financial advisory and underwriting, and promote the overseas expansion of small and medium-sized enterprises (SMEs) and mid-sized companies. They also decided to hold joint events and regular consultative meetings.

To support Korean companies in pioneering new markets, the two organizations have enhanced their previously established agreement. Taking this agreement as an opportunity, they will actively promote joint support for renewable energy projects such as hydrogen, new renewable energy, and nuclear power, and seek practical benefits such as preferential fees for public support projects. Kim Bok-hwan, President of KIND, stated, "We will establish an active cooperative relationship with export credit agencies essential for promoting large-scale public-private partnership (PPP) projects to create participation opportunities for SMEs and mid-sized companies in overseas investment development projects."