SEOUL, Aug. 12 (Korea Bizwire) — Private and public sectors have teamed up to come up with new ideas for sending aid to developing countries.
The Korea International Cooperation Agency (KOICA), South Korea’s overseas aid agency, announced Thursday that it had selected 12 new proposals for this year’s public cooperation project.
The selected proposals included a proposal from the Korea Agriculture Technology Promotion Agency and Hyundai Asan’s introducing smart farms for potato production in Bolivia and state-run education broadcaster EBS’s proposal for establishing a TV education platform in Laos.
Others included the Korea National Park Service’s proposal for renovating the Tanzania Serengeti National Park promotion center, as well as the Korea Institute of Public Finance and Uplus IT’s proposal for reforming Peru’s taxation system and introducing an electronic taxation system.
The Korea Mine Rehabilitation and Mineral Resources Corporation and Sujung Engineering’s proposal for establishing a sustainable environment in Mongolia’s old mining regions, and the Seoul Housing and Communities Corporation, Intelligent Transport Systems Korea and UI Networks’s proposal for establishing a traffic management system in Lima, Peru have also been selected.
The newly selected proposals will aim for implementation by 2024 with preliminary reviews undertaken later this year.
Ashley Song (ashley@koreabizwire.com)