Korean Rural Corporation implements projects to support agricultural development through the General Assembly of Agriculture & Rural Development of Vietnam

Korean Rural Corporation implements projects to support agricultural development through the General Assembly of Agriculture & Rural Development of Vietnam

, 15/12/2014, 10:34 GMT+7

orean Rural Corporation (KRC) is now a non-refundable ODA organization by the Korean government for agriculture and rural development in VN.

On 5th December, 2014, the General Assembly of Agriculture and Rural Development of Vietnam had a meeting with the Korean Rural Corporation (KRC) by Mr. Lee Sang Mu, Chairman and CEO of the Corporation, lead to continue implementation of the agreement between Vietnam and Korea in the field of Agriculture and Rural Development.


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The two sides discussed the implementation of cooperation project to build and operate the center of agricultural wholesale markets in Hanoi, and agreed to organize a workshop on the countryside between institutes and companies of Korea companies with institutes and companies of Vietnam and introduced the typical projects on cooperation between Vietnam and Korea in the new rural construction, high-tech agriculture.
 

Mr Lee Sang Mu was the Chairman of the Advisory Committee of the Korean government on agriculture and rural development. On September, 2013 while the new missions as Chairman and CEO of the Group Korean Rural Corporation (KRC), Lee has decided to open a KRC representative office in Hanoi, recent years, helped to advise the industry Agriculture and Rural Development, including new rural construction program of Vietnam.

 

Korean Rural Corporation (KRC) is now a non-refundable ODA organization by the Korean government for agriculture and rural development in VN. In 2012, the organization signed an agreement with the Ministry of Agriculture and Rural Development to strengthen cooperation with the Ministry. In addition to direct ODA sponsor project, the Group wishes to participate in projects of the Ministry with other donors with an advisory role, particularly irrigation projects, which is the strength of the KRC.

Currently, the KRC is working with the relevant agencies of Vietnam to implement a number of projects under public-private model combines (PPP) such as agricultural high tech development project in Hanoi; Restructuring Project in Dong Thap Agriculture and Rural Development Project follow new Korean models in Hanoi and Hai Duong.

T.H.


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