Economic Development Cooperation Fund
The Economic Development Cooperation Fund is an agency created by the government of South Korea in 1987 to promote economic cooperation between South Korea and developing countries. In addition to the EDCF, South Korea provides official development assistance through the Korea International Cooperation Agency.
The more than 500 projects the EDCF has worked on to provide international cooperation include:
- in loans to Ghana and Tanzania;
- in aid to Bangladesh, the Philippines and Cambodia;
- The Jalaur River Multi-Purpose Project Stage II;
- Up to in long-term loans to Ukraine; and
- for 30 development projects in Bangladesh.