S. Korea to help Ecuador's elect vehicle project


(MENAFN) The South Korean gov't proclaimed its focus on helping Ecuador build recharging stations for elect cars as part of its intl' aid fund operations.

Accordingly, both sides will discuss ways to spread projects funded by the Korea Economic Development Cooperation Fund (EDCF).

S. Korea will encourage the Ecuadorian government's plans to install 12,000 recharging stations nationwide and build an elect car assembly by 2020.

In addition, S. Korea is the only nation that has transformed from a recipient country of official development assistance to a notable donor.


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