Deputy Prime Minister Choi Kyung-hwan met with Khaldoon al-Mubarak, a member of the Executive Council of Abu Dhabi and chairman of the Executive Affairs Authority, to discuss measures to boost cooperation between Korea and the UAE.
Deputy Prime Minister Choi, who also serves as minister of strategy and finance, said, “The bilateral strategic partnership between Korea and the UAE is becoming closer. I hope our cooperation can extend to wider areas, such as ICT or the healthcare and medical sectors.”
The Emirati official asked for the cooperation of the Korean government in the ongoing nuclear power plant construction project in Barakah. Choi responded by saying that, “The Korean government takes a strong interest in the successful implementation of the nuclear power plant in the UAE and will actively cooperate by supporting specialized human resources.”
Meanwhile earlier in the day, the deputy prime minister also met Yigal Erlich, chairman of the Israel-based Yozma Group, to exchange views on the Yozma Group’s investments in Korea as well as Korea’s will to incubate more venture start-ups.
The Yozma Group chairman told of his plans to establish a Korean corporation this year and through it to expand investments in Korean start-ups. He said the Yozma Group will form a fund worth some KRW 1 trillion within the next three years to support Korean start-ups and will build a Yozma Startup Campus in Korea.
The deputy prime minister asked Erlich to introduce promising Korean start-ups to the global market through Yozma Group’s global network. He also proposed that the Yozma Group chairman bolster cooperation in order to create synergies in the establishment of both the Yozma Startup Campus and the government's “Creative Economy Valley” project in Pangyo, Gyeonggi-do (Gyeonggi Province).
By Yoon Sojung
Korea.net Staff Writer
Photos: Ministry of Strategy and Finance
arete@korea.kr
Deputy Prime Minister Choi, who also serves as minister of strategy and finance, said, “The bilateral strategic partnership between Korea and the UAE is becoming closer. I hope our cooperation can extend to wider areas, such as ICT or the healthcare and medical sectors.”
Deputy Prime Minister Choi Kyung-hwan meets with Khaldoon al-Mubarak, member of the Executive Council of Abu Dhabi and chairman of the Executive Affairs Authority, on October 14 in Seoul.
The Emirati official asked for the cooperation of the Korean government in the ongoing nuclear power plant construction project in Barakah. Choi responded by saying that, “The Korean government takes a strong interest in the successful implementation of the nuclear power plant in the UAE and will actively cooperate by supporting specialized human resources.”
Meanwhile earlier in the day, the deputy prime minister also met Yigal Erlich, chairman of the Israel-based Yozma Group, to exchange views on the Yozma Group’s investments in Korea as well as Korea’s will to incubate more venture start-ups.
Deputy Prime Minister Choi Kyung-hwan (right) shakes hands with Yigal Erlich, chairman of the Yozma Group, prior to a meeting in Seoul on October 14.
The Yozma Group chairman told of his plans to establish a Korean corporation this year and through it to expand investments in Korean start-ups. He said the Yozma Group will form a fund worth some KRW 1 trillion within the next three years to support Korean start-ups and will build a Yozma Startup Campus in Korea.
The deputy prime minister asked Erlich to introduce promising Korean start-ups to the global market through Yozma Group’s global network. He also proposed that the Yozma Group chairman bolster cooperation in order to create synergies in the establishment of both the Yozma Startup Campus and the government's “Creative Economy Valley” project in Pangyo, Gyeonggi-do (Gyeonggi Province).
By Yoon Sojung
Korea.net Staff Writer
Photos: Ministry of Strategy and Finance
arete@korea.kr
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