Korea is helping Pakistan to achieve the miracle of the Indus River with the Economic Development Co-operation Fund (EDCF), stated Dr Song Jong-Hwan Ambassador of South Korea at Rotary Club Islamabad Cosmopolitan. He said EDCF framework agreement amounting to $500 million was signed on October 2, 2015, adding under which various projects in road infrastructure, agriculture, information, technology and health sector would be completed.
"Additionally, a number of grant projects are being undertaken by KOICA-Korean Development Agency. Korea is also providing scholarships to Pakistani students to study in Korea," he further said. He maintained that Korea was trying to increase co-operation with Pakistan through the KSP - the knowledge sharing programme - which was consists of policy research, development consultation and capacity building projects. He said KSP sought to assist development partner countries to advance their socio-economic development goals. "Pakistan was included in the list of the partner countries in 2010 and eight projects have been completed so far," he added. The lecture of the ambassador was part of Korean month of independent day celebrations.
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