Public-Private Partnership Launches Overseas Investment Development... Ministry of Land Holds Briefing Session for Companies

The Ministry of Land, Infrastructure and Transport announced on the 12th that it will hold a briefing session to promote Public-Private Partnership (PPP) projects at 2 p.m. on the 15th at the Fire Insurance Association Auditorium (1st floor) in Yeouido, Seoul.

PPP projects refer to a business structure where the private sector invests in, constructs, and maintains public infrastructure to earn profits, while the government supports the projects through tax reductions and partial financial assistance.

This briefing session is hosted by the Korea Overseas Infrastructure & Urban Development Corporation (KIND), a specialized overseas PPP institution established to promote overseas investment and construction.

The briefing session is held as part of measures to activate Korean companies' participation in overseas investment and development projects, which were discussed in a meeting between the Ministry of Land, Infrastructure and Transport and related companies.

For overseas construction industry stakeholders, the session will proceed in the following order: △ Understanding PPP projects (KIND), △ Introduction to key points of PPP laws in Vietnam and Mexico (Kim & Chang Law Office), △ Introduction to financial support systems for PPP projects (KIND, Korea Eximbank, Korea Trade Insurance Corporation), △ Sharing the case of Norway’s Route 555 Sotra Expressway, the largest single infrastructure project in Norway’s history (SK Ecoplant).

The briefing session is available by prior registration, and advance questions can also be submitted. For more details, please refer to the KIND website.

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