KDI and Junggyeon Company Federation Sign MOU to Strengthen Mid-sized Companies' Capabilities

[Asia Economy Reporter Jang Sehee] The Korea Development Institute (KDI) announced on the 4th that it has signed a Memorandum of Understanding (MOU) with the Korea Federation of Medium-sized Enterprises to strengthen the competitiveness of medium-sized enterprises.

Ko Youngseon, Director of the KDI Global Knowledge Cooperation Center, and Ban Wonik, Executive Vice President of the Korea Federation of Medium-sized Enterprises, signed the MOU yesterday at the Global Knowledge Cooperation Complex in Dongdaemun-gu, Seoul.

The two organizations plan to design and operate capacity-building programs for executives and employees of medium-sized enterprises and the federation, and support the overseas market entry and international cooperation of medium-sized enterprises.

Executive Vice President Ban Wonik said, "We will actively cooperate with KDI to find a new vision for economic development in the post-COVID era and discover various programs to strengthen the global capabilities of medium-sized enterprises, which are the backbone of our economy and key players in the 4th Industrial Revolution."

Director Ko Youngseon stated, "We expect this business agreement to contribute to improving the management environment of medium-sized enterprises, enhancing their innovation capabilities, and promoting the development of educational and international cooperation projects at the KDI Global Knowledge Cooperation Center."

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