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TECH ADVANCE III

Sector: Manufacturing (Industrial) • Location: Korea, Republic of

Source: World Bank Group

Project
Closed

The broad aim of this Third Technology Advancement Project is to reinforce the government's priority for technology-intensive industrial development by strengthening industrial research and development (R&D) and basic research capacity and enhancing the application of industrial standards to raise the quality of products. The project will finance specialized equipment and complementary inputs com

Status
Closed
Sector
Manufacturing (Industrial), Government, Education
Location
South Korea
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “TECH ADVANCE III” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Korea, Republic of. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

closed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The broad aim of this Third Technology Advancement Project is to reinforce the government's priority for technology-intensive industrial development by strengthening industrial research and development (R&D) and basic research capacity and enhancing the application of industrial standards to raise the quality of products. The project will finance specialized equipment and complementary inputs comprising facilities to house some of the equipment, and the costs of installation, consumables, and operation and maintenance (O&M) expenditures related to the equipment for three national institutions which play important roles in Korea's industrial/technological development -- Korea Institute of Science and Technology (KIST), Korea Basic Science Center (KBSC), and National Industrial Research Institute (NIRI). The project will: (a) improve the quality of research programs in KIST to enhance its ability to assist industry in developing advanced technologies; (b) improve opportunities for joint research activities in the basic sciences through strengthening common research facilities at KBSC; and (c) enhance the development and application of industrial standards through strengthening NIRI.

Original sector

Education,Public Administration

Location

Country

South Korea

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Manufacturing (Industrial), Government, Education

Article published date

2025-12-17

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