Kibo Shares Achievements of Middle East Market Development Project

Export Performance Sharing and Strategy Seminar Held

On November 26, Korea Technology Finance Corporation (Kibo) announced that it had co-hosted the "2025 Middle East Export Performance Sharing and Export Strategy Seminar" at the Busan Avani Central Hotel together with eight related organizations from the Busan region.

This event was organized to share the main achievements of the "Middle East Market Development Project," which has been jointly promoted since 2023 by a total of eight organizations, including Kibo, Busan Regional Office of SMEs and Startups, Busan Finance Center, Korea Housing & Urban Guarantee Corporation, Hana Bank, Korea South-East Power, Korea Asset Management Corporation, and Korea Housing Finance Corporation. It also aimed to strengthen the global market response capabilities of local export-oriented small and medium-sized enterprises (SMEs).

Participants are taking a commemorative photo at the "2025 Middle East Export Performance Sharing and Export Strategy Seminar" held at Busan Avani Central Hotel. Photo by Kibo

More than 50 people, including companies participating in the Middle East Market Development Project and representatives from related organizations, attended the performance sharing event. The program included a commendation ceremony by the Minister of SMEs and Startups, an award ceremony for wishing success in entering the Middle Eastern market, and presentations of best practices. During the best practices session, the achievements of four local export consultation meetings held over the past three years in the UAE (Dubai and Abu Dhabi) and Qatar (Doha) were shared. During this period, 30 SMEs participated, resulting in consultations worth a total of 99.65 million dollars (approximately 140 billion won), of which export contracts amounting to 31.37 million dollars (about 44 billion won) were concluded. Notably, 10 participating companies achieved export contracts totaling 1.52 million dollars to date, including 220,000 dollars in on-site contracts, through pre- and post-marketing support.

The second part of the seminar featured practical, work-focused programs such as hands-on training in creating overseas marketing content using generative AI, strategies for responding to US customs risks, and strategies for protecting SME technology. These sessions received a positive response from local SME executives and employees in attendance.

Chun Changho, Executive Director of Kibo, stated, "The achievements in pioneering the Middle Eastern market and the growth of regional small but strong companies based on global strategies will greatly contribute to revitalizing the local economy. Kibo will continue to strengthen cooperation with local organizations and actively support SMEs so that they can successfully enter global markets."

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