KOTRA Launches Full-Scale Operation of 'ICT Consortium Export Support Project'
The Ministry of Science and ICT and KOTRA held the '2022 ICT Consortium Export Support Meeting' on the 30th. The photo shows the overall view of the event venue.
View original image[Asia Economy Reporter Jin-ho Kim] In March last year, telecommunications equipment company A signed a project contract worth $4 million in the Japanese smart distribution market, known for its high entry barriers, together with an artificial intelligence (AI) specialist company and a distribution logistics software (SW) company. This was made possible by KOTRA's 'Overseas IT Project Consortium Entry Support Program,' which enables targeting difficult markets through inter-company cooperation.
On the 30th, KOTRA announced that it would officially launch the support program by holding the '2022 ICT Consortium Export Support Meeting' together with the Ministry of Science and ICT. Forty companies selected this year participated in the meeting to discuss project order strategies and entry plans for each overseas market.
The 'ICT Consortium Export Support Program,' conducted in collaboration with large and small-medium enterprises and related organizations, supports domestic IT companies' order activities year-round by utilizing KOTRA's overseas trade centers for market research, local marketing, and building networks with ordering clients. Last year, it achieved results by signing four IT projects (worth $6 million) in eight countries and concluding ten memorandums of understanding (MOUs).
This year, out of 19 project applications, a total of 14 consortia were selected in fields such as smart city, smart farm, digital government, smart learning, and 5G.
KOTRA plans to strengthen support for overseas project orders in the digital infrastructure industry and the Fourth Industrial Revolution sectors due to the industrial restructuring accelerated by digital transformation (DX) following the COVID-19 pandemic.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051914165468840_1779167814.png)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "No Cure Available, Spread Accelerates... Already 105 Dead, American Infected"
- "If That's the Case, Why Not Just Buy Stocks?" ETFs in Name Only, Now 'Semiconductor-Heavy' and a Playground for Short-Term Traders
- "Reporters Who First Revealed Jo Jinwoong's Juvenile Offense History Cleared of Juvenile Act Violation"
- Instead of a National Assembly Profile, Now a 'Carpenter'... Ryu Hojung Says "I Couldn't Do a Body Profile Shoot Twice"
Jung Woyeong, head of KOTRA's Innovation Growth Headquarters, said, “Due to the nature of the ICT sector, project entry is more common than individual product exports, so customized support is necessary. We will focus on supporting projects with high order potential to achieve results.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
