RoK helps businesses carry out major projects in Vietnam, UAE

Representatives from the trade, infrastructure and fisheries ministries will take part in the meeting to review the state of progress in projects already undertaken and discuss support measures for projects expected to be awarded to Korean companies at the end of this year and the start of next year, the Yonhap news reported.

The trade ministry will focus on supporting the working group on investment and development of coal and road infrastructure in Vietnam and inviting senior-level officials from the UAE and the Asian country.

The infrastructure ministry is due to launch an agency at the end of this month specifically to promote city development business overseas while exploring new projects, including airports and intelligent transportation systems, officials said.

Fisheries officials have been sent to the UAE to help win port construction bids, and the ministry will provide consulting for overseas port development businesses.

The panel was launched in May to follow up on bilateral cooperation discussions during President Moon Jae-in's visits to the two countries.