The Export-Import Bank of Korea (www.koreaexim.go.kr, Chairman Eun Sung Soo, "Korea Eximbank") announced on September 20 that it held the Indonesia Infrastructure Investment Forum jointly with the Indonesian government at Millenium Seoul Hilton.

Over 250 senior officials from government, infrastructure companies and financial institutions participated, including Vice Minister Ko Hyoung-Kwon of the Ministry of Strategy and Finance of Korea, Deputy President Hong Young-Pyo of Korea Eximbank, and Minister of National Development Planning of Indonesia, Bambang.

In the forum, major infrastructure projects in Indonesia involving construction of roads, harbors and airports were introduced in detail and the Korean attendees were asked to participate in those projects as equity investors.

To encourage the participation of Korean investors and infrastructure companies in less lucrative projects, Korea Eximbank presented Development Finance designed to supplement project funding for projects in developing countries, with favorable terms.

A Korea Eximbank official said, “With this forum as a momentum, we anticipate Korean companies will gain more new investment opportunities in the indonesian infrastructure market with great development potential.”