KITECH

Korea-Vietnam incubator park (KVIP) groundbreaking ceremony was held by KITECH on 23rd of November in Can Tho City, Vietnam. Over 300 participants from both countries include Vu Van Ninh Deputy Prime Minister and Yoon Sang Jick minister of Ministry of Trade, Industry and Energy joined in the ceremony. 

KITECH is the main organizing institute of Korea-Vietnam Incubator Park (KVIP), which is in charge of construction in Tra-noc II Industrial park area in Can Tho City, Vietnam.

KITECH is aiming to complete the incubator park in the second quarter of 2015 and will have invested US$17.7 million as ODA fund for KVIP, which will establish two buildings covering a total of approximately 13,000 square meters to install equipment serving research and development activities of the three major industries of rice processing, marine processing and agriculture machinery industry.