http://english.yonhapnews.co.kr/news/2016/03/11/0200000000AEN20160311005200320.html?7913d980 S. Korea to support Ecuador's electric vehicle recharging project 2016/03/11
[image / Ministry of Strategy and Finance http://img.yonhapnews.co.kr/etc/inner/EN/2016/03/11/AEN20160311005200320_01_i.jpg Officials from South Korea and Ecuador hold a meeting in Quito, Ecuador, on March 10, 2016 (local time) ] SEJONG, March 11 (Yonhap) -- The South Korean government said Friday that it will help Ecuador build recharging stations for electric vehicles as part of its international aid fund operations in developing countries. The Ministry of Strategy and Finance said it held a meeting in the Ecuadorian capital of Quito with the South American country to discuss ways to expand projects funded by the Korea Economic Development Cooperation Fund (EDCF). South Korea will support the Ecuadorian government's plans to install 12,000 recharging stations nationwide and build an electric car assembly line by 2020 in a bid to gain a foothold in the South American electric car market. The EDCF is a state-run fund launched in 1987 aimed at helping poor and less-developed countries with loans that carry low interest rates. South Korea is the only country in the world that has transformed from a recipient country of official development assistance to a significant donor over the past decades. Officials from South Korea and Ecuador hold a meeting in Quito, Ecuador, on March 10, 2016 (local time). (Photo courtesy of the Ministry of Strategy and Finance) Officials from South Korea and Ecuador hold a meeting in Quito, Ecuador, on March 10, 2016 (local time). (Photo courtesy of the Ministry of Strategy and Finance) [© yonhapnews.co.kr Yonhap News Agency] http://world.kbs.co.kr/english/news/news_Ec_detail.htm?lang=e&id=Ec&No=117506¤t_page= Gov't Decides to Help Ecuador's Electric Vehicle Projects 2016-03-11 [image http://worldimg.kbs.co.kr/src/images/news/201603/160311015301_e42.jpg ] The government will assist Ecuador in setting up electric vehicle(EV) charging facilities, using the state-run Economic Development Cooperation Fund(EDCF). The Ministry of Strategy and Finance said Friday that it discussed EV-related infrastructure during an EDCF policy meeting between South Korea and Ecuador in Quito on Thursday. During the meeting, the Ecuadorian government sought help from South Korea in achieving its goal to set up seven-thousand to 12-thousand EV charging stations in the country by 2020 and build an assembly line of such vehicles. The ministry said it has decided to accept the request as it could help pave the way for South Korean companies to make inroads to the EV market in Latin America. The government said it will help Ecuador acquire EV-related technologies and review plans under which South Korean companies will assist in the maintenance and repairing of EV charging stations as well as building EV assembly lines. The EDCF is a state-run fund launched in 1987 that aims to help emerging countries with low-interest loans. [© 2013 KBS World Radio] For EVLN EV-newswire posts use: http://evdl.org/evln/ {brucedp.150m.com} -- View this message in context: http://electric-vehicle-discussion-list.413529.n4.nabble.com/S-Korea-s-support-of-Ecuador-s-12-000-EVSE-EV-recharging-project-tp4681002.html Sent from the Electric Vehicle Discussion List mailing list archive at Nabble.com. _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
