Investment Office and the Korea Overseas Infrastructure and Urban Development Corporation (KIND) have signed a memorandum of understanding (MoU) on December 28 to cooperate on large-scale infrastructure projects, promote collaborative ventures, and provide technology transfer between the two countries.
The agreement was signed by Investment Office President Burak Dağlıoğlu and Korea Overseas Infrastructure and Urban Development Corporation President and CEO Kang Hoon Lee. “We are happy to see that Korean investors are closely interested in public private partnership (PPP) projects in Türkiye," Dağlıoğlu said during his address at the ceremony and added “The Eurasia Tunnel, 1915 Çanakkale Bridge, and Gaziantep City Hospital are just a few of the notable infrastructure projects in Türkiye that South Korean engineering and construction companies have so far worked on."
The MoU has come after Investment Office President Burak Dağlıoğlu's recent visit to South Korea in September, while KIND is expected to hold an official visit to Türkiye in the near future to further strengthen cooperation.