Korean-Kazakh Technological Cooperation Center has been opened in the Korea Innovation Cluster Foundation (Daejeon, South Korea) on Monday, Kazinform reported referring to the press service of Kazakh National Innovation Fund.
The Center's main function will be establishment of cooperation between the companies of the two countries by dissemination of information, search for investors, partners and technologies, coordination of joint scientific-research and innovative projects and organization of joint programs on preparation and staff development.
It is planned that the initiatives implemented via the Center will be financed jointly. The Ministry of Knowledge Economy of the Republic of Korea has allocated $ 900,000 for three Kazakh-Korean projects, which will be implemented on the Center's basis.
It is expected that the Center's activity will allow to promote cooperation between the two states in the innovations sphere, creating successful models of business development on the basis of innovations.