POSCO International Supports Myanmar with COVID-19 Diagnostic Kits

POSCO International Small and Venture Business Collaboration System

Posco International delivered 100 COVID-19 test kits to the Ministry of Health and Sports of Myanmar on the 18th. From the right, the photo shows Zaw Than Htun, Director of the National Medical Research Institute under the Ministry of Health and Sports, Lee Sang-hwa, Ambassador of Korea to Myanmar, and Lee Sang-hoon, Head of Posco International's Myanmar region. Photo by Posco International

[Asia Economy Reporter Kim Ji-hee] Posco International announced on the 19th that it delivered 100 COVID-19 diagnostic kits capable of 10,000 tests each to the Ministry of Health and Sports of Myanmar on the 18th. The approximately 170 million KRW cost for purchasing the diagnostic kits was supported by Posco International and the consortium partners of the Shwe Gas Field, including Myanmar Oil and Gas Enterprise (MOGE), Oil and Natural Gas Corporation (ONGC) of India, Gas Authority of India Limited (GAIL), and Korea Gas Corporation.

The kits delivered this time were produced by Bioseum, a domestic small and medium venture company. The real-time polymerase chain reaction (RT-PCR) accuracy is about 95%. Bioseum is one of five domestic companies that received emergency approval for COVID-19 test reagents and is pioneering overseas markets through Posco International’s SME collaboration system.

Posco International expects that the diagnostic kits delivered this time will help reduce the potential number of untested suspected COVID-19 cases in Myanmar caused by a shortage of test reagents and contribute to the COVID-19 response.

A Posco International official said, “Myanmar is one of the strategic countries where the company’s major projects are underway, not only in gas fields but also in grain and hotel businesses,” adding, “We hope this will be an opportunity for mutual growth and coexistence by sharing the difficulties of the local community.”

Meanwhile, to prevent the spread of COVID-19, Posco International delivered masks and hand sanitizers to about 400 children belonging to 13 local children’s centers in Yeonsu-gu, Incheon, in February. It also supported 3,000 masks to Chinese business partners facing difficulties. Last month, Posco Group donated 200 million KRW to participate in medical relief supplies delivery, quarantine, and prevention activities, and delivered 2,000 masks to Italian clients.

This content was produced with the assistance of AI translation services.