KOTRA Branch Project Service Usage Surpasses 10,000 Companies

[Asia Economy Reporter Suyeon Woo] The number of companies using KOTRA's 'Branch Office Service' has surpassed 10,000 this year, marking its 20th anniversary. It has been revealed that small and medium-sized enterprises (SMEs) and mid-sized companies facing difficulties in export marketing due to the novel coronavirus disease (COVID-19) are utilizing KOTRA as their overseas branch to find breakthroughs in exports.

On the 23rd, KOTRA announced that the number of companies using the 'Branch Office Service' exceeded 10,000 this year, and the export amount of these companies reached 10 billion dollars by September this year. This represents a 26.4% increase compared to 7.9 billion dollars in the same period last year.

The Branch Office project is a service where KOTRA's overseas trade centers act as branches for Korean companies and provide customized marketing, celebrating its 20th year of implementation this year. Along with the existing one-year 'Branch Office Project,' KOTRA is also operating a 'Emergency Branch Office Project,' which provides temporary support for three months to respond to additional demand caused by COVID-19.

Kwon Pyung-oh, President of KOTRA, said, "In response to the new normal era, KOTRA is actively working to create export breakthroughs for SMEs and mid-sized companies by promoting non-face-to-face marketing," adding, "We hope that our companies will make greater use of customized services, including the Branch Office Project."

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