The Korea International Cooperation Agency was established in 1991 to maximize the effectiveness of Koreaís grant aid programs for developing countries.
The agency aims to provide assistance for the sustainable socioeconomic development of developing countries, to participate actively in alleviating poverty through the achievement of the Millennium Development Goals, and to promote humanitarian assistance and human security.
KOICA strives to adapt to changing trends in development assistance by using its limited financial resources effectively in areas where Korea has a comparative advantage. In particular, Korea has the experience of developing from one of the poorest countries in the world to one of the most economically advanced.
The know-how and experience Korea gained from this transition are invaluable assets that allow KOICA to support the sustainable socioeconomic development of its partner countries.
KOICA attaches great importance to integrating ICT in its programs as a means of boosting economic development across all sectors.