October 01, 2020

Seoul spent USD$8.6 million on inter-Korean liaison office renovation: MOU

Funds to come from Inter-Korean Cooperation Fund, also cover accommodation and some utilities

South Korea spent close to KRW10 billion on renovation works during the establishment of an inter-Korean liaison office at the now-shuttered Kaesong Industrial Complex (KIC), the ROK Ministry of Unification (MOU) announced on Wednesday.

A bill providing a total of KRW9.7 billion (USD$8.6 million) for the refurbishment was passed at the 298th session of the Inter-Korean Exchange and Cooperation Promotion Council on Wednesday.