According to an agreement concluded between the two ministries, the center in Bucharest will identify pilot projects in the IT sector which will be subsequently developed, South Korea’s Science Ministry said, as quoted by Yonhap.
Romania and South Korea have agreed to provide $1 million each for the financing of these projects.
The main fields of interest will be to extend broadband networks and enhance the Public Key Infrastructure (PKI) and information security.
Companies in South Korea will be able to look for business opportunities by means of the new center in Bucharest in order to profit from the rapid growth of Romania’s IT sector.
The South-Korean ministry said it invited Romania’s Minister for Information Society, Razvan Cotovelea, to an IT conference to be held in Busan (South Korea), between October 20 and November 7.