Korean firms transfer energy-related IT to developing nations

KT Corporation and Korea Power Exchange are the newest companies to join this effort.

They recently signed an agreement to jointly transfer energy-related IT to developing nations. They join Kepco KDN, LSIS and Korea Electrotechnology Research Institute in this effort that seeks shared growth with developing nations through the provision of energy-related information technology or IT.

The eight signees will join forces with a focus on energy-related IT education and technology transfer; the discovery of overseas business opportunities and project execution and the building of a private-public cooperation model for overseas-projects.