South Korea provides $3.5 for National S&T Master Plan

Translation from media

Source: DeumAmpil News Website

Date of Issue: June 21, 2011

South Korea provides $3.5 for National S&T Master Plan

Phnom Penh: The Korea International Cooperation Agency on behalf of the Government of the Republic of Korea has decided to provide a grad aid of $3.5 million to Cambodia for the project for Cambodia’s National Science and Technology Master Plan 2014-2020.

According to the KOICA news release, the project will be implemented for 3 years from 2011 to 2013, the project was planned to establish National S&T Master plan that focuses on the research and development in 3 such core industries as Agriculture, Industry Infrastructure, and Information and Communication Technology sectors, and this Master Plan will be used from 2014 to 2020. Ministry of Planning and the Korea International Cooperation Agency will sign a Record of Discussion of the project on June 24, 2011 at the office of the Ministry of Planning.

The same source stated that this project is a crucial factor to allow Cambodia to acquire technology and knowledge related to national science and technology, and it is a meaningful opportunity for Korea to share its previous experience and knowledge on national science and technology, while fostering strong partnerships and cooperation between the Republic of Korea and the Kingdom of Cambodia.

The same news release stated that the project will contribute to the sustainable socioeconomic development of Cambodia through the establishment of the National S&T Master Plan, which will guide domestic research and development (R&D) infrastructure building, capability expansion, and government research projects.

Moreover, it will help improve the quality and quantity of human resources for the development of national R&D programs, and build an S&T information system for effective diffusion of knowledge among S&T policy-makers and related entities both in public and private sectors in order to foster economic development.

Be noted that since 1991, the total volume of KOICA’s grant aid to Cambodia has been scaling up to $ 68 million, covering a wide range of areas such as infrastructure, agriculture & rural development, health, education sectors as well as cross-cutting sectors such as environment, democracy, civil society, gender, public administration, etc including “good governance” which is the core value of the Rectangular Strategy.