EDCF a

nd S

trate

gie

s for

New

Part

ners

hip

in A

fric

a

Jang-sooJun

Director

Economic Development Cooperation Fund

Support Department

The Export Import Bank of Korea

May 6, 2010

2

Ⅰ ⅠⅠⅠⅠ ⅠⅠⅠ. K

ore

a. K

ore

a’’ s

ODA

Str

uctu

res O

DA

Str

uctu

re

Ⅱ ⅡⅡⅡⅡ ⅡⅡⅡ. O

verv

iew

of EDCF

. O

verv

iew

of EDCF

Ⅲ ⅢⅢⅢⅢ ⅢⅢⅢ. EDC

F A

cti

vit

ies in A

fric

a. EDC

F A

cti

vit

ies in A

fric

a

Conte

nts

Ⅳ ⅣⅣⅣⅣ ⅣⅣⅣ. EDC

F F

utu

re P

lan

. EDC

F F

utu

re P

lan

3

Ⅰ ⅠⅠⅠⅠ ⅠⅠⅠ. K

ore

a. K

ore

a’’ s

ODA S

tructu

res O

DA S

tructu

re

4

Kore

a’s

Per

Capita Incom

e

US$ 7

8

1960

US$ 1

9,2

00

2008

Kore

a’s

Success S

tory

in O

DA

Kore

a b

ecom

es a

mem

ber of O

ECD D

AC in 2

010

Aid

Recip

ient

Yeste

rday

Aid

Donor

Monum

enta

l Success S

tory

Aid

Donor

Today

US$33.1

bn F

ore

ign A

id

5

Kore

a’s

ODA S

tructu

re

Bilate

ral O

DA

ED

CF*

Loan

Gra

nt

Kore

aExim

bank

KO

ICA

Min

istr

y o

f Str

ate

gy

& F

inance

Min

istr

y o

f Fore

ign A

ffair

s

& T

rade

Multilate

ral O

DA

Contr

ibutions to

MD

Bs

UN

and

Oth

ers

Min

istr

y o

f Str

ate

gy

& F

inance

Min

istr

y o

f Fore

ign A

ffair

s

& T

rade

* Economic Development Cooperation Fund

6

Ⅱ ⅡⅡⅡⅡ ⅡⅡⅡ. O

verv

iew

of EDCF

. O

verv

iew

of EDCF

7

Econom

ic D

evelo

pm

ent C

oopera

tion F

und (EDCF)

Objective 1

Help partner countries

Help partner countries

achieve industrial

achieve industrial

growth & economic

growth & economic

stability

stability

Objective2

Share Korea

Share Korea’’ ss

development

development

experience

experience

and knowledge

and knowledge

Objective3

Strengthen

Strengthen

bilateral

bilateral

economic

economic

cooperation

cooperation

Established in 1987, EDCF consist of contributions from the

Korean government as well as its own operational profits

8

Opera

tional Result o

f EDCF (’8

7~’0

9) (I)

EDCF has committed USD 5,343 million for

231 projects in 47 countries worldwide

Disbursement

Commitment

-23

1987

29

131

1995

85

204

2000

263

1,067

2009

( USD million)

138

310

2005

131

584

2007

1,952

5,343

Total

(Cumulative)

9

Region

Sector

Opera

tional Result o

f EDCF (’8

7~’0

9) (II)

Asia

68.9%

South America

5.9%

Oceania

0.3%

Middle East

3.4%

Europe

6.7%

Africa

14.8%

Energy

10.4%

Health

11.0%

Water and

Sewage

15.2%

Transportation

35.6%

Others

2.3%

Agriculture,

Fishery and

Forestry

3.6%

Public

Administration

4.0%

Education

8.1%

ICT

9.8%

10

Ⅲ ⅢⅢⅢⅢ ⅢⅢⅢ. EDCF A

ctivitie

s in A

fric

a. EDCF A

ctivitie

s in A

fric

a

11

Countr

ies &

Secto

rs

□ □□□EDCF Eligible Countries in Africa

-Top Priority (4) : Angola, Tanzania, Madagascar, Mozambique

-Priority (16) : Benin, Burkina Faso, Cameroon, Chad, DR Congo, Ethiopia,

Ghana, Kenya, Mali, Niger, Nigeria, Rwanda, Senegal,

Sierra Leone, Uganda, Zambia

□ □□□Priority Sectors

-Climate Change & Environment

•Water & Sanitation, Waste Treatment, Renewable Energy

-Economic Infrastructure

•Transportation, Energy

-Social Infrastructure

•Public Health (Hospitals, Medical Equipment), Water & Sewage

•Education (Training Centers)

12

EDCF O

pera

tions in A

fric

a (’8

7~’0

9)

EDCF has committed a total of $793 million for

30 projects in 14 African countries

Disbursement

Commitment

(Projects)

-8 (1)

1987

20

38(1)

2000

21

51(2)

2005

17

154

(6)

2007

( USD million)

30

229

(6)

2009

219

793

(30)

Total

(Cumulative)

13

Angola

16%

Mozambique

14%

Ghana

7%

Kenya

6%

Madagascar

6%

Others

22%

Tanzania

21%

Mali

8%

Energy

16%

Transportation

14%

Education

10%

Water and

Sewage

9%

Others

21%

Health

18%

Agriculture,

Fishery and

Forestry

12%

Opera

tional Result o

f EDCF in A

fric

a

Countries

Sector

14

Co-fin

ancin

g w

ith A

fDB

( USD million)

Co-financing Results

* co-financing with ADB, IDB, WB, CABEI, AfDB

2006

2007

2008

2009

Total

(Cumulative)

Total*

(Projects)

24(1)

87(3)

58(2)

109

(4)

AfDB

(Projects)

-14(1)

-42(2)

402

(16)

56(3)

Advantages of Co-financing

Enhancing the impact of development assistance to the partner countries

Bridging the financing gap of large-scale development projects

Reducing time and cost for project identification, formulation and preparation

15

Ⅳ ⅣⅣⅣⅣ ⅣⅣⅣ. EDCF F

utu

re P

lans

. EDCF F

utu

re P

lans

16

EDCF M

id-term

Goals

Increasing Assistance Volume

Korea’s ODA/GNI : 2009 (0.10%) →

2012 (0.15%) → →→→

2015 (0.25%)

Disbursement

Commitment

430

1,140

2010

500

1,180

2011

600

1,230

2012

( USD million)

Mid-term Goals

Maximizing aid effectiveness through ‘focusing strategy’

Commitment to global issues such as climate change and food crisis

Further development of the Knowledge Sharing Program(KSP)

17

Pla

ns in A

fric

a

Increase Assistance Volume

( USD million)

Disbursement

Commitment

54

273

2010

63

283

2011

76

295

2012

* Korea’s ODA toward Africa is expected to double in the next 3 years

Priority Sectors

-Focus on economic & social infrastructure sectors including

climate change, green growth and environment

Increase Co-financing with MDBs

-Co-financing will be expanded up to 20% of the total EDCF Loan

-AfDBas an emerging partner

•Co-financing Agreement with AfDB: USD 200 million over 3 years

18