'MDB Project Plaza' Held Online... Supporting Entry into Overseas Procurement Markets

[Asia Economy Reporter Kim Bo-kyung] The "2020 Multilateral Development Bank Project Plaza," co-hosted by the Ministry of Trade, Industry and Energy and the Ministry of Economy and Finance and organized by KOTRA, is being held online until the 25th.

This event supports Korean companies in entering the procurement market of Multilateral Development Banks (MDB) and securing projects. It has been held annually to promote the excellence of Korean companies to MDBs and client countries' contracting authorities.

Considering the COVID-19 situation, the event's main programs, including business briefings and consultations, are conducted in a non-face-to-face format.

Since the 16th, an online business briefing introducing promising projects in various fields such as renewable energy, health, and environment has been held through the official website (https://mdb2020.or.kr).

The webinar scheduled for the 24th will feature procurement officers from WB, ADB, IDB, and others, who will present MDB's response strategies in the post-COVID era and the status of project procurement by region.

Tomorrow (the 25th), the online project consultation will facilitate discussions between client countries such as Guatemala and Bangladesh and Korean companies.

Meanwhile, on the 18th, IDB Invest held a video briefing session with procurement officers and Korean companies and financial institutions, introducing procurement participation procedures and financial support policies, and sharing projects of mutual interest between IDB Invest and Korean companies.

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