- K-SURE held a meeting with representatives of Korean plant and construction companies.
- Participants discussed ways to facilitate Korean companies’ overseas project winning and equipment export.
- A consultative body was agreed to be set to enhance Korean companies’ bid winning competitiveness.


■ Korea Trade Insurance Corporation (K-SURE, www.ksure.or.kr, Moon Jaedo, president) invited representatives of more than twenty financial, plant and construction companies on Tuesday, May 29 and shared its overseas project support plans and held a discussion on the trend of international construction and plant building market.


■ At the meeting, held at the K-SURE Headquarters in Seoul to explore ways to keep the upward trend of Korean export, K-SURE and participants reviewed the new developments in the global economy and the trend of the overseas project market, and discussed how to deepen the level of mutual cooperation.


■ At the meeting, participants expressed their concerns over possible economic downturn initiated by emerging economies due to US interest rate hike while, at the same time, suggesting positive outlooks on a brisker market for infrastructure building and projects thanks to oil price rebound.


■ President Moon of K-SURE stated that “Though business uncertainty has been somewhat cleared up in the global project market, as a new pivot of New Southern and Northern Policy of the Korean government, ASEAN, Russia and CIS nations are on our focus for their potential as a future growth engine of Korean export,

○ “Through today’s event, K-SURE will find better ways to facilitate its cooperative ties with export companies and financiers and do its utmost to provide the best possible support for their project winning and business in the emerging markets.“