Netherlands to Establish Foundation for Korea-Europe Hydrogen Cooperation
Ministry of Trade, Industry and Energy & KOTRA Operate Korea Pavilion at World Hydrogen Summit
Attracting Investment and Business Partnering in Hydrogen Industry
The Ministry of Trade, Industry and Energy and the Korea Trade-Investment Promotion Agency (KOTRA) will operate the Korea Pavilion at the 'World Hydrogen Summit' held in Rotterdam, Netherlands, from the 13th to the 15th.
At this summit, the Korea Pavilion is being organized for the first time under the auspices of the Ministry of Environment, the Korea Environmental Industry Association, and the H2 MEET organizing committee, with participation from 15 Korean companies and institutions. KOTRA will hold the 'Korea-EU Hydrogen Partnering Consultation' for companies participating in the Korea Pavilion. They will have the opportunity to consult with major potential European partners such as the Netherlands Hydrogen Industry Association (NLHydrogen), Rotterdam Port Authority, Royal VOPAK, Strohm, and Howden. Additionally, KOTRA plans to promote Korean companies to over 500 exhibiting companies on-site and arrange follow-up consultations.
Following this, KOTRA will jointly hold the 'EU Hydrogen Investment IR' with the Ulsan Free Economic Zone Authority. This event will showcase Korea’s hydrogen industry and excellent investment environment as an Asian hub to global investors and companies.
Earlier, on the 8th, KOTRA held a webinar titled 'The Netherlands Hydrogen Projects You See As Much As You Know' for about 100 domestic and international hydrogen industry stakeholders. The Netherlands is conducting various projects across the entire hydrogen industry value chain led by the government. Moreover, based on its geographical advantage close to the North Sea, it is expected to become a central hub for the pan-European hydrogen pipeline. The webinar introduced various local hydrogen projects that have recently received subsidies or are under review, along with participating companies. It also provided guidance on preparations for entering local projects, including industrial regulations and certification systems, for Korean companies seeking collaboration partners in Europe.
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Kim Hyun-chul, Head of KOTRA’s Europe Regional Headquarters, stated, "The Korea Pavilion, organized for the first time at this hydrogen summit, will further increase mutual business cooperation demand between Korean companies and local partners. KOTRA will continue to do its best on-site to support our companies as a foothold for entering the European hydrogen market."
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