Egypt's SCZONE posts EGP 6.25 bln revenue in FY2025/26    Egypt's Cabinet approves plan to increase Arab Monetary Fund's capital    Egypt launches joint venture to expand rooftop solar operations nationwide    Housing Minister reviews progress at alternative site for Samla, Alam Al-Roum    FRA launches first register for tech-based risk assessment firms in non-banking finance    Egypt's Health Ministry, Philips to study local manufacturing of CT scan machines    African World Heritage Fund registers four new sites as Egypt hosts board meetings    Turkish firm Eroglu Moda Tekstil to invest $5.6m in Egypt garment factory    Maduro faces New York court as world leaders demand explanation and Trump threatens strikes    Egypt, Saudi Arabia reaffirm ties, pledge coordination on regional crises    Al-Sisi pledges full support for UN desertification chief in Cairo meeting    Al-Sisi highlights Egypt's sporting readiness during 2026 World Cup trophy tour    Egypt opens Braille-accessible library in Cairo under presidential directive    Abdelatty urges calm in Yemen in high-level calls with Turkey, Pakistan, Gulf states    Madbouly highlights "love and closeness" between Egyptians during Christmas visit    Egypt confirms safety of citizens in Venezuela after US strikes, capture of Maduro    US forces capture Maduro in "Midnight Hammer" raid; Trump pledges US governance of Venezuela    From Niche to National Asset: Inside the Egyptian Golf Federation's Institutional Rebirth    5th-century BC industrial hub, Roman burials discovered in Egypt's West Delta    Egyptian-Italian team uncovers ancient workshops, Roman cemetery in Western Nile Delta    Egypt, Viatris sign MoU to expand presidential mental health initiative    Egypt's PM reviews rollout of second phase of universal health insurance scheme    Egypt sends medical convoy, supplies to Sudan to support healthcare sector    Egypt sends 15th urgent aid convoy to Gaza in cooperation with Catholic Relief Services    Al-Sisi: Egypt seeks binding Nile agreement with Ethiopia    Egyptian-built dam in Tanzania is model for Nile cooperation, says Foreign Minister    Al-Sisi affirms support for Sudan's sovereignty and calls for accountability over conflict crimes    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    UNESCO adds Egyptian Koshari to intangible cultural heritage list    Egypt recovers two ancient artefacts from Belgium    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Construction of Egyptian-Korean Technological College likely to be finished in 2019
Korea supports Egypt's economic reforms with its Knowledge Sharing Programme, says ambassador
Published in Daily News Egypt on 08 - 10 - 2018

The construction of the Egyptian-Korean Technological College in Beni Suef is expected to be completed during the first half of 2019, South Korean ambassador to Egypt, Yeocheol Yoon, told Daily News Egypt.
"The technological college itself has been ongoing under the responsibility of our valuable counterpart – the Ministry of Higher Education, and we will work together with the ministry to achieve the required work during the targeted timing," added the ambassador.
The necessary technical advisory for the construction will be provided by the Korean side, while construction is proceeding, elaborated the ambassador, noting that the Korea International Cooperation Agency (KOICA), plans to discussion further with the Ministry of Higher Education the subject of education quality assurance.
The project's objective is to support the government's efforts to foster students with good skills and knowledge, so that they can be well-qualified to meet market needs, according to the ambassador.
"Quality assurance and linkage with the industry are the most important components which we need to pay attention to," said the ambassador, noting that through the partnership with the Ministry of Higher Education, KOICA will strive to accomplish the college's joint objectives.
"I am sure that we both share a common understanding. We are in an early but important stage of the project. However, the project is scheduled to be completed by 2022," mentioned the ambassador.
Meanwhile, the Korean embassy to Cairo organised an event on Wednesday, on the occasion of the Korean national day, where the ambassador began his speech by thanking president Abdel Fattah Al-Sisi, who delivered his congratulations to President Moon Jae-in, his government, and the Korean people on Korea's national day.
"Throughout the last eight months, and since my arrival in Cairo, I attended many national day receptions, which included the Independence Day, and the birthday of the new republic. For Korea, those two occasions are celebrated on the same day, which is August 15. One of them took place in1945, and the other in 1948, respectively. Our National Foundation Day on October 3rd, complicates celebrations for our German friends, who have had an occasion of their own on the same day since 1989," the ambassador said.
The ambassador said that October 3rd is called ‘Gae Cheon Jeol' in Korea, literally meaning "the day heaven opened". Every nation has a myth about its origins. Ours tells us that the son of the heavenly emperor descended on Earth, on the Korean peninsula, and his son established the very first kingdom of Korean people in 2,333 BC. Maybe we do not want to admit to ourselves that Korea is just one of so many new republics born after WWII, and declare with pride our history that has extended over thousands of years," he said.
The ambassador added that Koreans celebrate Foundation Day to remind themselves of the philosophy of the Founder: ‘Hong Ik Ingan' which roughly translaters to: ‘spread the benefit to all humanity,'. "I think we all share the noble belief that the state, and its institutions, are all meant to benefit humans. In that spirit, I think we can celebrate the Korean national day with our friends in Egypt, our host country, and those from other countries in the world," pointed out the ambassador.
The ambassador also noted that his country cannot compete with Egyptians when it comes to old history of both kingdoms. "We don't have pyramids, or the sphinx, to back up the story of the first kingdom written by later dynasties in Korea. Even in year 2333 BC., the pyramids of Giza were over than 200 years old," he said.
On the other hand, Korea and Egypt have shared the same destiny of young republics to leave behind the shadows of old kingdoms, and embark on the journey of making people's lives better, with a new vision and determination, said the ambassador.
Korea and Egypt have been close friends for a long time, even though their official relationship started as late as 1995, mentioned the ambassador. "At my first press conference two weeks after my arrival, I declared that Korea highly appreciates Egypt, not only for its glorious history, civilisation, pyramids and sphinx, but also for the important role Egypt plays in the regional peace and security, as well as its exemplary society of openness, tolerance, and diversity," he added.
After the historic visit by President Al-Sisi to Korea in March 2016, and the adoption of a Comprehensive Cooperation Partnership, bilateral relations developed very rapidly, affirmed the ambassador.
"We have been close partners in international diplomacy. Additionally, Korea supports Egypt's economic reforms with its ‘Knowledge Sharing Programme,' through specific targets in government mechanisms, in addition to cooperation in the financial field, such as our agreement to provide trains for the fifth Metro line," added the ambassador.
There are about 40 Korean companies operating in Egypt, said the ambassador, highlighting that the Samsung and LG plants export products worth $500m and $200m respectively, and these products are labelled, "Made in Egypt".
The Egyptian Refining Company (ERC) plant in Motosrod is under construction by Korea's GS Engineering group, to produce 50% of diesel fuel needed by Egypt, noted the ambassador.
Furthermore, the ambassador mentioned that with the vibrant cultural exchanges, many Egyptian youths enjoy Korean pop songs, and dances. Moreover, Korean drama is famous on Egyptian TV, adding that many Egyptians are learning the Korean language. There are about 35,000 Egyptians who practice Taekwondo, the national Korean sport.
Last year, when the fear of war in the Korean peninsula was running high, President Moon Jae-In of South Korea sent a generous and strategic invitation to North Korea to join the Winter Olympic Games, hosted by South Korea early this year, said the ambassador. He added that surprisingly, North Korea responded favourably to this offer. "We all remember the breath-taking speed through which the two Koreas exchanged their envoys, and held three summit meetings within five months, while the US and North Korean leaders had their first-ever summit in June, in Singapore," he added.
The latest inter-Korean summit adopted the historic Pyongyang declaration, which accelerates the process of reducing military tensions. It also sets the foundation for economic cooperation, reunites separated families, and allows cultural exchanges, and denuclearisation, added the ambassador.
"Of course, there still are hurdles to overcome, but we will continue our journey for peace on the Korean peninsula with patience and determination, with the support and understanding of our close friends in the international community, including Egypt," remarked the ambassador.
Moreover, the ambassador mentioned that President Al-Sisi and President Moon met in New York on the side-lines of the UNGA to discuss ways to developing and enhancing their partnership. "I think this occasion demonstrated the importance we attach to our relationship, our peoples, and the world," concluded the ambassador.


Clic here to read the story from its source.