Ministry of Land, Infrastructure and Transport Holds Briefing Session on Ukraine Reconstruction Project
The Ministry of Land, Infrastructure and Transport and the Ministry of Oceans and Fisheries announced on the 16th that they will hold the 'Ukraine Reconstruction Cooperation Business Briefing' on the 17th in collaboration with the Korea Overseas Infrastructure & Urban Development Corporation (KIND) and the Overseas Construction Association.
This briefing is the first government-level event targeting private companies and was organized to share the achievements of the joint public-private One Team Korea delegation, led by the Minister of Land, Infrastructure and Transport, during their visit to Ukraine.
At this briefing, the activities of One Team Korea will be presented along with comprehensive support policies for Korean companies willing to participate in Ukraine's reconstruction cooperation.
First, public institutions responsible for the six major leading reconstruction cooperation projects jointly promoted by the Korean and Ukrainian governments will present their business plans. Additionally, comprehensive support policies including finance and guarantees will be introduced by the Export-Import Bank, KIND, Korea Trade Insurance Corporation, and the Multilateral Investment Guarantee Agency (MIGA).
To support the smooth transportation of reconstruction materials by Korean companies, the current status and outlook of Ukrainian ports and logistics, as well as the 2024 ODA project plans, will also be shared.
Furthermore, administrative and specialized legal services will be provided to help companies review entry strategies in advance through actual business entry cases.
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Kim Sang-moon, Director of the Construction Policy Bureau at the Ministry of Land, Infrastructure and Transport, stated, "We hope this business briefing will serve as an opportunity to share the achievements of One Team Korea’s visit to Ukraine and the direction of reconstruction support policies with companies," adding, "We will continue to seek support policy measures for companies participating in Ukraine’s reconstruction projects."
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