Gov’t seeks bigger role in Korean firms’ overseas infrastructure projects
Jul 6, 2016
[THE INVESTOR] The government will raise an additional 100 billion won (US$ 85.7 million) to help Korean construction firms take on infrastructure projects abroad. Only July 6, the Ministry of Land, Infrastructure and Transport and the Korea Development Bank signed an agreement for establishing the third Global Infrastructure Fund. The fund is used to invest in overseas infrastructure projects conducted by local construction companies. The Korea Development Bank/ The InvestorThe ministry said th