KIND

KIND, Sudokwon Landfill Site Management Corporation, and Jeil Engineering Sign MOU to Advance International Greenhouse Gas Reduction Project in Bolivia

KIND, Sudokwon Landfill Site Management Corporation, and Jeil Engineering Sign MOU to Advance International Greenhouse Gas Reduction Project in Bolivia △ Won Byeong-cheol, Head of Project Development Division at KIND (second from left), attended the signing ceremony for the Memorandum of Understanding (MOU) with partner institutions for the Bolivia international greenhouse gas reduction project, held at The Plaza Hotel in Seoul on April 24 (Friday). Korea Overseas Infrastructure & Urban Development Corporation (KIND, President Kim Bok-hwan) announced that it has joined hands with Sudokwon Landfill Site Management Corporation (SL Corporation) and Jeil Engineering to jointly promote an international greenhouse gas reduction project at the San Miguel landfill site in Bolivia. The three organizations signed a Memorandum of Understanding (MOU) during the Korea–Bolivia greenhouse gas reduction project signing ceremony held on Friday, April 24, at The Plaza Hotel in Seoul, marking the first step toward joint project development. The project includes support funding from the Ministry of Climate, Energy and Environment, with construction targeted to begin in 2027. The project site is the San Miguel landfill in Santa Cruz, Bolivia, where methane generated from the landfill will be captured and flared, reducing approximately 275,000 tons of greenhouse gas emissions annually. Over a 15-year operating period, the cumulative reduction is expected to reach around 4 million tons. Emission reduction results will be officially certified following third-party verification in accordance with international standards. A KIND official stated, “Through the commercialization of the Bolivia greenhouse gas reduction project, we aim to export SL Corporation’s landfill operation technology and Korea’s EPC capabilities overseas, while transferring the certified emission reductions back to Korea to contribute to the achievement of the Republic of Korea’s 2035 Nationally Determined Contribution (NDC) target.” KIND had selected the project in 2023 as a feasibility study (F/S) support project and has actively supported Korean companies in developing international greenhouse gas reduction projects from the early stages. Korea’s 2035 NDC was officially announced at the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30). Under the target, Korea aims to reduce greenhouse gas emissions by 53–61% from 2018 levels by 2035. Since domestic reductions alone may not be sufficient to meet the target, Korea plans to utilize overseas emission reduction credits. As a result, international greenhouse gas reduction projects are gaining greater attention as a key supplementary measure for achieving carbon neutrality goals. With this MOU, KIND and SL Corporation are expected to further strengthen their strategic cooperation in overseas investment and development projects and establish themselves as leading players in the field of international greenhouse gas reduction initiatives.

KIND Signs MOU with Vietnam’s BIDV and Hana Bank for Cooperation in Infrastructure, Energy, and Urban Development

KIND Signs MOU with Vietnam’s BIDV and Hana Bank for Cooperation in Infrastructure, Energy, and Urban Development- Building a foundation for Korea–Vietnam financial and investment cooperation on the occasion of the presidential visit -- Expanding opportunities for Korean companies and enhancing financing competitiveness through investment–finance linkage - Korea Overseas Infrastructure & Urban Development Corporation (KIND, President Kim Bok-hwan) announced that it has signed a trilateral Memorandum of Understanding (MOU) with the Bank for Investment and Development of Vietnam (BIDV) and Hana Bank to strengthen cooperation in infrastructure projects in Vietnam and overseas. The agreement was signed at the Korea–Vietnam Business Forum held on the 23rd during the Korean President’s state visit to Vietnam. It was pursued to establish a cooperative relationship with BIDV—Vietnam’s largest bank by total assets and one of the country’s four major state-owned commercial banks—and to create a collaborative framework linking project development and financing. In particular, strong synergy is expected among the three institutions, as Hana Bank is a strategic investor holding approximately 14% of BIDV’s shares. Under the agreement, the three parties agreed to build a strategic partnership in the fields of infrastructure, energy, urban development, and green sectors, while jointly identifying investment opportunities to promote the participation of Korean companies. Through this partnership, Korean firms are expected to expand their presence in Vietnam through various forms of participation, including investment, EPC, operation and maintenance (O&M), and equipment supply. More specifically, BIDV will identify promising project opportunities in Vietnam and introduce them to KIND, while proposing competitive financing terms for relevant projects. Hana Bank will provide financial products and services for projects promoted by KIND, as well as support project structuring and fundraising. KIND will take the lead in sourcing and developing projects in Vietnam and serve as a platform connecting Korean companies with local partners in cooperation with BIDV and Hana Bank. In addition, the three institutions plan to expand the foundation for public-private cooperation through various events and collaborative networks. KIND President Kim Bok-hwan stated, “This MOU is highly meaningful as a cooperative model bringing together Vietnam’s leading state-owned bank, a Korean financial institution, and a public institution specializing in project development.” He added, “It will play an important role in identifying high-quality projects for Korean companies and establishing a competitive financing base.” He further noted, “We will continue to expand strategic cooperation across Asia, including Vietnam.”

KIND Confirms Development Cooperation Framework in Indonesia with Daewoo E&C and Sinarmas Land

KIND Confirms Development Cooperation Framework in Indonesia with Daewoo E&C and Sinarmas Land- Follow-up cooperation expected following the Korea–Indonesia Business Forum - The Korea Overseas Infrastructure & Urban Development Corporation (KIND), led by President Kim Bok-hwan, has initiated cooperation with Daewoo Engineering & Construction and Indonesia’s Sinarmas Land to support Korean companies’ entry into development projects in Indonesia. From left: Airlangga Hartarto, Coordinating Minister for Economic Affairs of Indonesia; Seo Chang-hoon, Head of Urban Development Division at KIND; Han Seung, Head of Overseas Business Division at Daewoo E&C; Ferdinand Sadelie, Vice President of Sinarmas Land; Yeo Han-koo, Minister for Trade Negotiations at Korea’s Ministry of Trade, Industry and Energy. KIND announced that on April 1, it signed a confirmation agreement on residential and commercial development projects in Indonesia with Daewoo E&C and Sinarmas Land during the Korea–Indonesia Business Forum held at The Shilla Seoul. In particular, the signing took place during the MOU exchange ceremony at the forum, which was held on the occasion of the official visit of Indonesian President Prabowo Subianto to Korea, adding further significance to the event. The forum brought together high-level government officials and business leaders from both countries to discuss ways to expand investment and industrial cooperation. Based on this confirmation, KIND plans to continue expanding support for Korean companies entering overseas markets by identifying promising urban development projects in Indonesia. A KIND official stated, “This signing is meaningful in that it has further strengthened the foundation for cooperation in urban development projects in Indonesia,” adding, “KIND will continue to actively support Korean companies in advancing into overseas investment and development projects.”

KIND Signs MOU with Indonesia’s Sovereign Wealth Fund Danantara

KIND Signs MOU with Indonesia’s Sovereign Wealth Fund Danantarato Strengthen Cooperation in Infrastructure and Urban DevelopmentEstablishing a strategic partnership with a key economic engine of the Prabowo administrationLaying the foundation for comprehensive infrastructure cooperation, including energy transition and joint expansion into third-country markets Korea Overseas Infrastructure & Urban Development Corporation (KIND, CEO Kim Bokhwan) announced that, on April 1, it signed a Memorandum of Understanding (MOU) with Danantara, Indonesia’s sovereign wealth fund driving the country’s next phase of economic growth, to promote cooperation in infrastructure and urban development projects in Indonesia and neighboring regions. The agreement was concluded in conjunction with the state visit to Korea by Indonesian President Prabowo Subianto. The partnership is particularly significant as Danantara, established shortly after President Prabowo’s inauguration, selected KIND — Korea’s public institution specializing in investment and development — as a strategic partner. Managing approximately USD 900 billion in assets and overseeing major state-owned enterprises, Danantara is widely regarded as a key economic engine expected to reshape Indonesia’s future industrial landscape. Under the agreement, the two organizations agreed to pursue practical cooperation across a broad range of sectors, including traditional transport infrastructure such as roads, railways, and airports; environmental facilities such as waste and wastewater treatment; renewable energy generation and transmission; and urban and real estate development projects, including data centers. The scope of cooperation will extend beyond Indonesia to neighboring ASEAN countries such as Malaysia and Singapore, as well as third-country markets including Saudi Arabia. Danantara will provide information on promising projects, while KIND will recommend qualified Korean companies and jointly review investment opportunities with Danantara. KIND is currently advancing the Jakarta data center development project and reviewing various additional opportunities in Indonesia. The new partnership is expected to accelerate the identification and development of new projects. KIND CEO Kim Bokhwan emphasized that, as Danantara serves as a central pillar of Indonesia’s economic growth, the partnership represents an optimal opportunity to combine KIND’s investment expertise with the world-class technological capabilities of Korean companies. He added that KIND will continue to actively support Korean companies in securing greater opportunities not only in Indonesia but also across ASEAN and the global infrastructure market through this cooperation.

KIND Launches ‘2026 Character Naming Contest’

KIND Launches ‘2026 Character Naming Contest’– Seeking a Character Name Reflecting Its Identity as a Global Infrastructure Investment and Development Agency – The Korea Overseas Infrastructure & Urban Development Corporation (KIND), led by President Kim Bok-hwan, announced the launch of the “2026 KIND Character Naming Contest” to invite the public to help name its official character in a way that reflects the organization’s identity. The contest aims to discover a friendly and memorable character name—along with its meaning or backstory—that effectively represents KIND’s mission and role as a specialized public institution engaged in overseas infrastructure investment and development projects. The competition is open to all members of the public. Submissions will be accepted from March 27 to April 12, 2026. Based on the selected name, KIND plans to develop a character universe and actively utilize it across various promotional content and both domestic and international events. A total of six winners will be selected: one Grand Prize winner (KRW 500,000), two Excellence Award winners (KRW 300,000 each), and three Popularity Award winners (KRW 100,000 each). In addition, 100 participants will receive coffee vouchers as participation prizes. Meanwhile, KIND recently launched its official blog and Instagram channels in February to strengthen its online presence and expand communication with the public. A KIND official stated, “We hope this contest will serve as an opportunity to enhance public engagement and increase awareness and understanding of KIND.” Further details about the contest can be found on the KIND website (www.kindkorea.or.kr), as well as its blog and Instagram channels.

KIND Begins Full-Scale Financial Close of Louisiana FLNG Project in the U.S. Driving Joint Expansion of Korea’s Shipbuilding and Financial Industries

KIND Begins Full-Scale Financial Close of Louisiana FLNG Project in the U.S. Driving Joint Expansion of Korea’s Shipbuilding and Financial Industries- Participating in the first-ever FLNG project in the United States, valued at approximately KRW 7 trillion; additional follow-up investments under consideration - The Korea Overseas Infrastructure & Urban Development Corporation (KIND), led by CEO Bokhwan Kim, announced that it is accelerating the financial close of the Floating Liquefied Natural Gas (FLNG) project currently being developed in the Gulf of Mexico off Louisiana, United States, based on expanded investment. To facilitate smooth project implementation and broaden opportunities for Korean companies, KIND approved an investment of approximately USD 70 million in December last year. Based on this, final negotiations for the Final Investment Decision (FID) are currently in their final stages. This project involves the production of approximately 4.4 million tons of LNG annually at a site located about 76 km offshore from Louisiana. It is considered to have a stable business structure, supported by long-term Sales and Purchase Agreements (SPA). In particular, through its investment, KIND is taking a leading role in structuring the project alongside global asset manager BlackRock, a policy fund under the Ministry of Environment (Green Infrastructure Overseas Expansion Fund), and Hanwha Asset Management. Through this effort, KIND has strongly supported Samsung Heavy Industries in securing the EPC contract for the first FLNG unit, thereby creating opportunities for Korean shipyards and equipment suppliers to enter the global market. ※ Terminology: FLNG (Floating Liquefied Natural Gas)FLNG is a next-generation offshore production system that integrates liquefaction, storage, and offloading functions for natural gas into a single floating facility. Compared to onshore terminals, it offers easier site acquisition and reduced environmental impact, making it an increasingly attractive alternative in the global energy market. This project is expected to expand beyond the first unit to include subsequent FLNG units (2 and 3). At the Indo-Pacific Energy Ministers’ Meeting (IPEM) recently held in Japan, the U.S. Export-Import Bank (US EXIM) announced its plan to provide financial support for the follow-up projects, further enhancing the project’s credibility and financial stability. KIND plans to strengthen its position in the U.S. energy infrastructure market through continued collaboration with US EXIM. This project is particularly significant in that it goes beyond the traditional construction-focused overseas expansion model and represents an “investment development model,” where ▲equity investment ▲financing ▲EPC ▲operations are organically integrated. Moreover, backed by KIND’s strategic and proactive investments in sectors where Korean companies have strong competitive advantages, it is regarded as a successful example of an integrated “K-Infrastructure” export model. A KIND official stated, “This FLNG project is a case that simultaneously promotes the global expansion of Korean companies with advanced technologies and financial collaboration,” adding, “KIND will continue to identify economically viable overseas investment development projects to support the global expansion of Korean companies and expand our footprint in the U.S. infrastructure market.”

KIND Forms ‘Team Korea’ to Drive Entry into Global Urban Development Projects

KIND Forms ‘Team Korea’ to Drive Entry into Global Urban Development Projects- Signs MOU with Hyundai Engineering & Construction and KIRA to strengthen cooperation in global urban development -■ KIND, Hyundai E&C, and KIRA review joint investment in overseas projects worth KRW 1.2 trillion · Launch public–private joint support framework targeting key global markets including the U.S., New Zealand, Australia, and Bulgaria · Lower barriers for Korean companies’ overseas expansion through policy support and G2G cooperation■ Expanding an ‘investment-development’ model combining public policy credibility with private-sector financial and construction capabilities · Maximizing project stability through KIND’s financial structuring advisory and risk-sharing mechanisms · Expanding Korea’s presence in the global urban development market through strategic partnerships in advanced markets At the headquarters of Korea Investment Real Asset Management in Yeouido, Seoul, (from left) Won Byung-chul, Head of Project Development Division at KIND; Kim Kyung-soo, Head of Global Business Division at Hyundai Engineering & Construction; Kim Yong-sik, CEO of Korea Investment Real Asset Management; and Kim Young-hoo, Chief Investment Officer of Korea Investment Real Asset Management pose for a commemorative photo after signing a “Comprehensive MOU to Strengthen Competitiveness in Global Real Estate Development.” The Korea Overseas Infrastructure & Urban Development Corporation (KIND), led by President and CEO Kim Bokhwan, is joining forces with private companies and financial institutions to comprehensively support Korean firms in strengthening their presence in the global urban development market.On February 27, 2026, KIND announced that it signed a Memorandum of Understanding (MOU) with Hyundai Engineering & Construction and Korea Investment Real Asset Management (KIRA) at the Park One building in Yeouido, Seoul, to enhance competitiveness in global urban development projects. The agreement aims to maximize the competitiveness of “Team Korea” in the global market by combining KIND’s policy support and risk management capabilities in the public sector with the private sector’s expertise in engineering, procurement, and construction (EPC) as well as financial structuring. Under the agreement, the three organizations will begin detailed reviews for joint investment and development in overseas projects worth approximately KRW 1.2 trillion across key global markets, including the United States, New Zealand, Australia, and Bulgaria. The target projects encompass a wide range of high-value investment-driven urban development projects, including residential development, rental operations, and remodeling. In particular, KIND will serve as a bridge in this public–private partnership framework. Specifically, it plans to provide financial investment participation, support for securing project rights through government-to-government (G2G) cooperation, and advisory services on financial structuring. These efforts are expected to reduce uncertainties in overseas markets that private companies may find difficult to enter independently and enhance project stability. Hyundai Engineering & Construction will act as a strategic investor, ensuring technical credibility through construction and construction management (CM), while KIRA will design optimal financing structures by leading financial arrangements and asset management, thereby creating strong synergy between the public and private sectors. A KIND official stated, “This agreement will serve as an opportunity to showcase a successful investment-development model that combines the policy support capabilities of a public institution with the advanced technical and financial strengths of the private sector to the global market. We will continue to act as a catalyst to help Korean companies generate high value-added returns in urban development projects.” KIND also plans to expand the scope of cooperation and target countries going forward, supporting Korean companies’ overseas expansion in line with the global shift from traditional contract-based projects to investment-driven urban development models.

Uz Daily - Prospects for Expanded Cooperation with KIND Corporation Discussed (2026.2.26.)

Prospects for Expanded Cooperation with KIND Corporation Discussed Tashkent, Uzbekistan (UzDaily.com) — Deputy Prime Minister of the Republic of Uzbekistan Jamshid Khodjaev held a meeting with Kim Bokhwan, President and Chief Executive Officer of Korea Overseas Infrastructure & Urban Development Corporation (KIND).KIND is a specialized state institution of the Republic of Korea, established in 2018, that implements investment, development, and infrastructure projects abroad.A joint project with KIND is already underway in Uzbekistan for the modernization and management of Urgench International Airport on a public-private partnership basis, with an investment volume of 223 million dollars. The completion of the design work by the Korean partners is expected by the end of the second quarter of the current year.A new joint project was also discussed at the meeting — the Smart Bio Cluster to be developed on the territory of the Tashkent Pharma Park cluster, with investments exceeding 440 million dollars.The project includes a bio-industrial zone, research and development centers, bio AI hubs, startup support centers, social infrastructure, and green spaces. The practical implementation of the Smart Bio Cluster is planned to commence before the end of 2026.Jamshid Khodjaev expressed his deep appreciation to KIND for its active support and the interest it has shown in the implementation of these strategic projects. Related Link : Prospects for Expanded Cooperation with KIND Corporation Discussed — UzDaily.uz

KIND Holds “New School Bag Support” Event for Multicultural Youth

KIND Holds “New School Bag Support” Event for Multicultural Youth– Donation and Delivery Ceremony Held – Korea Overseas Infrastructure & Urban Development Corporation (KIND, President Kim Bokhwan) announced that it carried out a social contribution activity on February 26 to support multicultural youth by providing school bags for the new academic year.This initiative was organized as part of KIND’s corporate social responsibility (CSR) efforts and was conducted in cooperation with the Korea Multicultural Youth Association. The association purchased school bags preferred by multicultural youth, while KIND provided financial support for the purchases. KIND employees also participated in the delivery ceremony to personally present the gifts.KIND is a public institution engaged in the development and investment of overseas infrastructure, urban development, and plant projects, where collaboration across diverse countries and cultures is essential. Reflecting this characteristic, KIND has designated “respect for cultural diversity” and “support for children and youth” as key focus areas of its social contribution activities and has actively promoted related programs. In line with this policy, KIND has previously conducted CSR initiatives for multicultural youth, including providing Christmas gifts at year-end.In addition, KIND has been strengthening the integration of ESG elements across its overseas project development activities and continues to identify and implement social contribution and ESG programs aligned with its institutional role and expertise.A KIND official stated, “Multicultural values are closely connected to KIND’s overseas investment and development activities, and supporting this field represents a social responsibility the institution should proactively fulfill. We will continue to expand our social contribution programs focusing on multicultural children and youth.”KIND plans to further create social value as a public institution through various initiatives, including educational support programs and global volunteer activities.

KIND Hosts '2026 KIND Planning Day'

KIND Hosts '2026 KIND Planning Day'- Five Core Strategic Tasks Announced to Lead the Overseas Investment Development Market; Brainstorming Sessions Held to Strengthen Implementation Capacity - Korea Overseas Infrastructure & Urban Development Corporation (President: Kim Bok-hwan, hereinafter "KIND") announced that it successfully held the '2026 KIND Planning Day' on the 12th at the FKI Tower Conference Center in Yeouido, with the participation of all executives and employees. The event was organized to share company-wide the detailed implementation plans of KIND's 2026 work plan—reflecting the new government's overseas construction policy directions as adopted at the year-end Conference of Ministers on External Economic Affairs—and to build consensus among executives and employees toward achieving key performance targets. Under the event slogan "Designing Values, Steering Our Future," participants reaffirmed KIND's commitment to a new leap forward and innovation. At the event, KIND's five core implementation plans for the year were discussed in depth. The key tasks announced include: ▲ Leading Korean companies' overseas expansion through global cooperation based on innovative technologies; ▲ Supporting Korean companies' transition to EP+F (Engineering, Procurement + Finance) through expanded overseas infrastructure funds; ▲ Full-cycle advancement of global business development capabilities; ▲ Supporting overseas expansion of strategic businesses centered on public value, mutual growth, and high added value; and ▲ Establishing a sustainable management framework aligned with global standards. The Q&A session immediately following the presentations departed from a conventional one-on-one format and was conducted as an open brainstorming session. In a horizontal and open atmosphere, executives and employees freely exchanged diverse perspectives, generating numerous concrete implementation ideas—making the session a dynamic forum for pursuing substantive change. A KIND official stated, "This Planning Day served as an opportunity for KIND to consolidate its capabilities as a 'K-Pioneer' leading Korean construction companies into overseas investment and development projects," adding, "We will carry out the established plans without fail to tangibly enhance the competitiveness of Korean companies in winning overseas contracts."