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 Purpose |
In
recent decades, Northeast Asia has become an increasingly important force in the
global economy and is considered to hold tremendous potential for long-term
growth in the global economy. Already, it accounts for 90% of East Asia's
economy and 20% of the global economy. In order to ensure the region's future
economic sustainability, technological progress and industrialization must keep
pace with those of other parts of the world.
Recognizing the need for
viable financing channels capable of responding to SOC demand and to the vital
industrial projects of this particular region, the Korean government has
embraced a strategy for transforming Korea into a regional hub and elevating the
Northeast Asian economy to the ranks of major regional economic
blocs.
KDB established NADFC to engage in SOC and major infrastructure
projects for the further development of the Northeast Asian region, as well as
to enhance cooperation among Korea, China and Japan through joint projects. |
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