KIND

KIND Signs MOU with Hue City, Vietnam for Cooperation in Sustainable Urban and Infrastructure Development

KIND Signs MOU with Hue City, Vietnam for Cooperation in Sustainable Urban and Infrastructure Development– Courtesy visit to Vice Chairman of Hue City and foundation laid for practical cooperation with IPBSA – The Korea Overseas Infrastructure & Urban Development Corporation (KIND, President Kim Bok-hwan) signed a Memorandum of Understanding (MOU) with the Investment Promotion and Business Support Agency (IPBSA), a key agency representing Hue City in Vietnam, to foster cooperation in sustainable urban and infrastructure development. This agreement aims to build a practical foundation for future collaboration in areas such as urban development, green infrastructure, and technology transfer through a formal partnership with Hue City. Prior to the signing ceremony, the KIND delegation held a meeting with the Vice Chairman of Hue City to engage in in-depth discussions on the city’s urban development vision and explore strategic directions for bilateral cooperation. Hue, a historic and cultural hub in central Vietnam, is currently pursuing a transformation into a sustainable smart city. The MOU outlines key areas of cooperation, including:▲Sustainable urban development (including smart city infrastructure and green urban planning),▲Development of infrastructure in transportation, energy, and telecommunications,▲Establishment of eco-friendly industrial parks and special economic zones,▲Development of sustainable residential and commercial properties, and▲Other mutually agreed activities related to sustainable development. KIND plans to contribute to strengthening Hue City's urban development capabilities through joint feasibility studies, legal and institutional reviews, technology transfer, and capacity-building programs. While the MOU is not legally binding, it reflects both parties’ intent to collaborate, with each specific project to be pursued through separate, concrete agreements. At the signing ceremony, KIND President Kim Bok-hwan stated, “Hue City, with its rich historical and ecological assets, has the potential to become a model for sustainable urban development. KIND will actively support Hue’s sustainable growth by leveraging the investment capacity and technological expertise of Korean private companies.”

KIND Gets ISO 37001 Certification for Anti-Corruption International Standards

KIND Gets ISO 37001 Certification for Anti-Corruption International Standards- Establishing a system from corruption prevention to response... International recognition of anti-corruption policy achievements - The Korea Overseas Infrastructure & Urban Development Corporation (CEO Kim Bok-hwan, hereinafter KIND) announced on the 7th that it has obtained ISO 37001 (anti-corruption management system) certification from the Korea Management Certification Institute with a corruption prevention, detection, and response system.ISO 37001 is an international standard for anti-corruption and ethical management established by the International Organization for Standardization (ISO), which comprehensively evaluates and certifies a company's corruption risk management capabilities and anti-corruption efforts.KIND has been making efforts to check and actively communicate corruption factors that may occur in the process of promoting work by expanding daily audits and operating a pre-consulting audit system, and such preemptive preventive activities have been positively evaluated.The acquisition of ISO 37001 certification is expected to serve as an opportunity for KIND to inform internally and externally that it has a transparent and trusted anti-corruption management system as a leading specialized institution in overseas investment development projects.KIND is promoting overseas business in cooperation with various stakeholders such as Multilateral Development Bank (MDB), foreign governments, and institutional investors, said Kim Bok-hwan, CEO of KIND. "This certification is a meaningful achievement in which KIND's clean and transparent management will has been recognized externally."Meanwhile, KIND operates an integrity mileage system to encourage autonomous and active integrity activities for executives and employees, and also implements an active administrative immunity system to prevent them from shrinking in the process of performing their duties, and strives to spread integrity and active administrative culture.

KIND and Korea Real Estate Finance & Investment Forum Host Policy Seminar on Overseas Urban and Real Estate Development Strategies

KIND and Korea Real Estate Finance & Investment Forum Host Policy Seminar on Overseas Urban and Real Estate Development Strategies – Emphasis on Expanding Overseas Infrastructure Funds, Including Corporate Matching Funds – The Korea Overseas Infrastructure & Urban Development Corporation (KIND, CEO: Kim Bok-hwan) co-hosted a policy seminar with the Korea Real Estate Finance & Investment Forum (Chairman: Kim Jae-jung) on July 28 at the LH Seoul Regional Headquarters. The seminar focused on strategies for advancing into overseas urban and real estate development markets and discussed ways to enhance support mechanisms. The event began with two keynote presentations. Ms. Hahm Gye-hee, Director at KIND, introduced current trends and case studies in overseas urban and real estate development projects. She highlighted that, in addition to prior overseas development experience and local expertise, the ability to secure diverse sources of investment capital has become a key success factor in recent years. In the second presentation, Mr. Baek Beom-seok, Attorney at Shin & Kim LLC, addressed strategies for establishing and operating overseas construction funds. He emphasized the need to integrate policy objectives and investment execution, recommending that KIND's role as a public institution be significantly upgraded to enable its participation throughout the full cycle of fund planning and performance management. During the panel discussion chaired by Policy Committee Chairman Kim Joong-han, panelists including Professor Lee Hyun-seo (Konkuk University), Mr. Han Seung-kyu (Executive Vice President, Samsung C&T), and Mr. Hong Young-tak (Director, KIND) engaged in in-depth dialogue based on the earlier presentations.The panel collectively acknowledged that the overseas market is shifting from a construction-centered model to one driven by both finance and construction. To adapt to this shift, they agreed that KIND should evolve from a support agency into a finance-driven project development institution.Specific ideas actively discussed included strategic expansion of investment in development projects where private firms have been hesitant due to risk, designing investment structures tailored to actual corporate needs, and establishing corporate matching funds in partnership with KIND. CEO Kim Bok-hwan stated, “This seminar provided concrete and practical ideas for supporting Korean companies’ entry into the overseas construction and real estate markets,” adding, “As the substantial expansion of overseas infrastructure funds aligns with the current administration’s policy agenda, KIND will lead overseas investment and development projects by strengthening diverse financial support measures.”

KIND Holds Conference to Spread K-City Network Performance

KIND Holds Conference to Spread K-City Network Performance - 2025 K-City Network Planned Project Report Meeting and MOU signed with Hyundai Motor Group for joint development of overseas smart cities - The Korea Overseas Infrastructure & Urban Development Corporation (CEO Kim Bok-hwan, hereinafter KIND) held the "2025 K-City Network Planned Project Report and Corporate Meeting" as a side event of the World Smart City Expo (WSCE 2025) held in BEXCO, Busan on July 17. The event was hosted by the Ministry of Land, Infrastructure and Transport and organized by KIND. About 100 people attended, including Yoon Jong-bin, head of the urban economy division at the Ministry of Land, Infrastructure and Transport, KIND Jeong Ki-chul, head of the investment management division at KIND, Lee Jae-yong, head of Hyundai Motor Group's smart city promotion office, Uzbekistan's Innovation and Development Administration, and Pharmaceutical Industry Development Administration, Indonesia's Ministry of Interior, West Java, and Bacor City Hall in the Philippines. At the briefing session, the main contents of three projects, ▲ Uzbekistan's Tashkent Smart Biocluster, ▲ Indonesia's Bandung Smart Town, and ▲ Philippines' Bakorsi Smart City, were introduced and future investment opportunities were introduced. At the following meeting, active discussions were held on how to improve commercialization, expand participation in domestic companies, and strategies to spread K-City Network performance. Prior to the event, KIND and Hyundai Motor Group signed a "Work Agreement (MOU) for Joint Development of Overseas Smart City Business." Based on this agreement, the two companies will start to find joint projects for overseas expansion of Korean-style smart cities that combine new technologies in the future mobility, logistics and energy sectors, and will also work to establish a foundation for public-private cooperation to strengthen global market competitiveness. "This event was an important opportunity to create K-City Network results together by reflecting the actual demand of partner countries and domestic companies," a KIND official said. "We will continue to connect partner countries and domestic companies through cooperation between governments, and actively support the overseas expansion and commercialization of Korean smart cities."

KIND to Begin Super Solar Power Project worth KRW 750 Billion in Texas, U.S

KIND to Begin Super Solar Power Project worth KRW 750 Billion in Texas, U.S - Investment in a solar power generation project that is four times the size of Yeouido to support Korean companies to develop the U.S. renewable energy market. - The Korea Overseas Infrastructure & Urban Development Corporation (CEO Kim Bok-hwan, hereinafter KIND) announced on July 10 that it began construction of a 750 billion won super-sized solar power project in the U.S. through "One Team Korea" consisting of public enterprises, private companies, and policy funds. This project is to build a 455MWdc solar power plant in the Concho area in central Texas and sell electricity, and is an ultra-large renewable energy project four times the size of Yeouido. KIND participated from the development stage of this project and helped it serve as a link to maximize the capabilities of the public and private sectors. In particular, it took more than two years from the acquisition of the business right in 2023 to the start of construction, and when a crisis such as investor change occurred, it decided to invest in subordinated loans through local financing and played a major role in achieving the start of construction work. CEO Kim Bok-hwan said, "The success of the construction of the super-large new and renewable energy project in the developed U.S. market with KIND's support is a feat that has taken One Team Korea's competitiveness to the next level." "KIND, the only foreign investment development agency in Korea, will provide customized support as a central axis for One Team Korea whenever Korean companies experience difficulties in investment development projects."