RoK, ASEAN nations to launch joint projects in green, digital technologies
Seoul (VNA) – The Republic of Korea (RoK) and a number of Southeast Asian
nations agreed on January 26 to expand their joint research and development in
green and digital technologies, as well as launch six projects this year.
The signing ceremony for the agreement took place in Seoul
and was attended by ambassadors of the ASEAN countries, including Vietnam and the Philippines, and officials of
their participating companies, according to the RoK Ministry of Trade, Industry
and Energy.
As reported by the Yonhap news agency, under the agreement,
the governments involved will support the six joint R&D projects in new
technology sectors by extending up to 1 billion won (835,282 USD) over the next
three years per project.
The projects include the joint development of a 1 tonne-class
electric refrigerated truck between the RoK’s Kyeongin Van and Vietnam's Truong
Hai Auto Corp. (THACO), as well as those to develop an electric bus, a smart
livestock farming management system, a specialised tractor, an intelligent
street lighting system and solar generation for buildings between their firms,
according to the ministry.
"It is meant to help companies from the two sides
jointly develop new items to meet the demand in the ASEAN market and to advance
into a third market," the ministry said in a release quoted by Yonhap.
The two sides will also push to create a new "industry
innovation" platform in charge of supporting the joint R&D, technology
transfer and exports./.