KEPCO, as the leader in globalization of the K-New Deal… Support for energy companies to enter developing countries

On the 22nd, Korea Electric Power Corporation signed a'MOU for Energy Development Cooperation Project (ODA)' with the Korea Institute for Industrial Technology Promotion (KIAT) and the Naju Innovation Industrial Complex (hereinafter referred to as the Council). The director, Jeon Yun-jong, the head of the Ministry of Commerce, Industry and Energy, the commerce and cooperation bureau, Kim Jong-gap, the president of KEPCO, and the Lee Nam council chairman, are taking commemorative photos.  Source = Korea Electric Power Corporation
On the 22nd, Korea Electric Power Corporation signed a’MOU for Energy Development Cooperation Project (ODA)’ with the Korea Institute for Industrial Technology Promotion (KIAT) and the Naju Innovation Industrial Complex (hereinafter referred to as the Council) The director, Jeon Yun-jong, the head of the Ministry of Commerce, Industry and Energy, the commerce and cooperation bureau, Kim Jong-gap, the president of KEPCO, and the Lee Nam council chairman, are taking commemorative photos. Source = Korea Electric Power Corporation

[이코노믹리뷰=박민규 기자] Korea Electric Power Corporation is at the forefront of the government’s strategy for globalization of the K-New Deal.

On the 22nd, KEPCO announced that it has signed a’Work Agreement (MOU) for Energy Industry Development Cooperation Project (ODA)’ with the Korea Industrial Technology Promotion Agency (KIAT) and the Naju Innovation Industrial Complex Residents’ Association.

This MOU is part of the ODA promoted by the Ministry of Commerce, Industry and Energy, and is intended to support Energy Valley companies to enter overseas markets and win orders with projects.

The Ministry of Industry’s ODA is a project to contribute to energy industrialization and carbon neutrality in developing countries, and to expand overseas markets for domestic energy and power companies in connection with this.

In addition, Energy Valley is a project to create a future growth ecosystem in which KEPCO collaborates with local governments to attract companies and research institutes focusing on new energy business, and it is explained that a total of 501 companies have been attracted to date.

KEPCO President Kim Jong-gap said, “This MOU is expected to greatly contribute to securing competitiveness and self-sufficiency of companies in the Energy Valley.” “He said.

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