Hanhyewon and Jungjingong Join Hands... Agreement Signed to Promote Overseas Expansion and Technology Export of Energy SMEs

Korea Hydro & Nuclear Power Shin Hanul Units 1 and 2.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Korea Hydro & Nuclear Power (KHNP) signed a business agreement on the 26th at the Korea Chamber of Commerce and Industry in Seoul with the Small and Medium Business Corporation to promote the overseas expansion and technology export of small and medium-sized enterprises (SMEs) in the energy sector.

According to the agreement, both parties will ▲expand opportunities for SMEs to enter overseas projects linked to overseas business orders ▲support SMEs participating in overseas projects by providing export incubators and technology exchange centers ▲support the commercialization of advanced technologies and securing key personnel for SMEs in overseas business fields ▲and collaborate on other SME support cooperation projects in overseas business fields agreed upon by both organizations.

The two organizations will focus on pioneering sales channels for domestic SMEs seeking overseas expansion and creating opportunities for mutual growth.

They will actively support SMEs in securing global competitiveness to foster a sustainable domestic industrial ecosystem.

Jung Jae-hoon, President of KHNP, stated, “By cooperating with the Small and Medium Business Corporation, we will actively support overseas projects of SMEs in the energy sector, participate in the government’s ‘K-New Deal Globalization’ policy, and based on win-win management and global competitiveness enhancement between KHNP and SMEs, we will continuously create business opportunities overseas.”

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