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TECHNOLOGY DEVELOPMENT

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

Source: World Bank Group

Project
Closed

The Third Technology Development Project aims to build on the accomplishments of prior Bank projects to aid Korea in fostering the transformation of its industrial structure. The project aims to further strengthen the Korea Technology Development Corporation (KTDC) by helping it and its newly-created venture capital subsidiary, the Korea Technology Investment Corporation (KTIC), to continue expand

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

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Project Information

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The project “TECHNOLOGY DEVELOPMENT” 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 Third Technology Development Project aims to build on the accomplishments of prior Bank projects to aid Korea in fostering the transformation of its industrial structure. The project aims to further strengthen the Korea Technology Development Corporation (KTDC) by helping it and its newly-created venture capital subsidiary, the Korea Technology Investment Corporation (KTIC), to continue expanding their portfolio of riskier projects and to adjust to a changing financial market and industrial environment. Specifically, the project consists of: (a) financing KTDC and KTIC subprojects proposed by enterprises for the import, adaptation, creation and development of industrial technology. The project also involves (b) assistance to KTDC for staff development particularly to upgrade its appraisal and supervision capabilities; and (c) assistance in the development of KTIC.

Original sector

(Historic)Industry

Location

Country

South Korea

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Manufacturing (Industrial), Government

Article published date

2025-12-17

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