📋 Tender Overview
Project ID
220190
Thematic Priority
Advancing Economic Competitiveness
LocationGlobal
Project ManagerLuomei SHU
Donor
Republic of Korea
Fund
IDF - Special purpose convertible
Gender Marker1 (Limited expected contribution to GE)
Enterprises in developing countries often experience enormous difficulties in attracting foreign investment partners and in accessing innovative technologies to be competitive in the global market. In many cases, the problem stems from insufficient information on international market trends and technology sources, as well as lack of support services for the formulation, promotion and negotiation of investment and technology transfer projects. On the other hand, there is also relatively low interest in the international investor community to invest in developing countries, due to poor knowledge of the investment/business environment and the available investment and technology partnership opportunities. Developing countries face additional difficulties when they try to promote investment and technology transfer from advanced economies like the Republic of Korea due to language barriers, geographical distance and technological gaps. This project will try to address some of these challenges by placing advisors in each of the target countries to liaise with and facilitate communication and interaction between local and Korean enterprises. Supervised by ITPO Korea in close consultation with UNIDO GLO/ITP, the Advisory Programme will open a gateway of opportunities for investment and technology cooperation between target countries and the Republic of Korea. The project addresses issues related to SDG 8 (Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all), SDG 9 (Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation), SDG 17 (Strengthen the means of implementation and revitalize the global partnership for sustainable development) and falls in line with UNIDO’s vision of Inclusive and Sustainable Industrial Development - ISID
