Home Innovations GIS S. Korea funds GIS project in Uzbekistan

S. Korea funds GIS project in Uzbekistan

Uzbekistan: South Korea offered USD 48 million in aid funds to help build a public hospital in Honduras and construct a GIS in Uzbekistan. The money will come from Korea’s state-run fund called the economic development cooperation fund (EDCF) aimed at helping less-developed countries through low interest rate loans.

The finance ministry said that Korea will help the Central American country with a state project to build a public hospital in the poverty-stricken region of Choluteca, which is likely to benefit around 1 million residents with medical services.

In addition, the GIS project is aimed at accurately analysing related data and helping craft its development projects, according to the finance ministry.

Source: yonhapnews.co.kr