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Korea - Third Technology Development Project (Inglês)

The Third Technology Development Project aims to build on the accomplishments of prior Bank projects to aid Korea in fostering the transformation of its industrial structure. The project aims to further strengthen the Korea Technology Development Corporation (KTDC) by helping it and its newly-created venture capital subsidiary, the Korea Technology Investment Corporation (KTIC), to continue expanding their portfolio of riskier projects and to adjust to a changing financial market and industrial environment. Specifically, the project consists of: (a) financing KTDC and KTIC subprojects proposed by enterprises for the import, adaptation, creation and development of industrial technology. The project also involves (b) assistance to KTDC for staff development particularly to upgrade its appraisal and supervision capabilities; and (c) assistance in the development of KTIC.

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