Leading the Global Infrastructure Market

Korea Overseas
Infrastructure & Urban
Development Corporation

Korea Overseas Infrastructure & Urban Development Corporation

(Postal Code : 07326) 10 Gukjegeumyung-ro, Yeongdeungpo-gu, Seoul

(51st floor, Three IFC)
Tel. 02 - 6746 - 7408 | Fax. 02 - 6746 - 7436, 7425
www.kindkorea.or.kr/eng
Leading the Global Infrastructure Market
 11 Support Model by Project Stage 10

 Work Process 10

1   Overseas Infrastructure Cooperation Centers 11

G2G Cooperation Platform 12

Overview of Government-Entrusted Programs 13

- Feasibility Study Support 14

- K-City Network 15

- EIPP(Economic Innovation Partnership Program) 16

11111  CEO Message 03  11  1 Overview of Financial Consulting 18

History 05  1  Policy Fund Management 19

Shareholders 05 - PIS Fund and GIF 20

Organization 05

Roles 06

Business Areas 06 Support for Korean Companies 21

Core Values 08 Major Achievements of KIND 22

Management Goals 08 Worldwide KIND 23-24

01

Greetings!

at a Glance
I am President Kang-Hoon Lee of Korea Overseas Infrastructure & Urban Development
01 Corporation (KIND).

Established officially in June 2018, KIND is an institution founded in accordance with the
Overseas Construction Promotion Act in order to provide professional and government-wide
at a
support for Korean companies as they advance into the overseas PPP market.
Glance
KIND's mission is to support the overseas advancement of Korean companies in order to share
the profits and values of infrastructure and urban development.

CEO Message KIND leads its way in global infrastructure market in order to become the “reliable partner and
leader, opening the future of global PPP projects.”

Especially as Co-Developer & Co-Investor, KIND serves as the center of Team Korea and
promotes full-fledged support for Korean companies to strengthen their competitiveness.

As the global infrastructure market is shifting to EPC+Financing or PPP formats, KIND has
formed Team Korea, which encompasses project identification and development, financing,
EPC, and O&M to enter the global competition for overseas project orders.

Even under rapidly changing global environment and uncertainties, KIND will reinforce its
capabilities and establish close-knit cooperative relations with domestic and overseas partners,
solidifying the foundation for Korean companies to win project opportunities worldwide.

We will internalize ESG management and operate in a fair and transparent manner to prepare a
foundation for sustainable growth and be trusted by our customers and citizens.

We kindly ask for your interest and support in the efforts of KIND in driving our country to
become one of the top 4 powerhouses in overseas construction and in actively supporting
winning orders worth $50 billion every year.

Korea Overseas Infrastructure & Urban Development Corporation Thank you.

CEO Kang-Hoon Lee
 History

2018 2019 2020 2021 2022

06 KIND officially established 01 Designated as a public institution 03 Entrusted with K-City 06 Received overseas 04 Selected as an outstanding agency in
Network Program infrastructure and urban management disclosures by the Ministry of
11 1st investment decision 02 Entrusted with F/S support project development consulting Economy and Finance
- Almaty Ring Road and overseas infrastructure 06 Entrusted with EIPP functions (new)
09 Opened a new overseas infrastructure
project in Kazakhstan cooperation centers
12 Selected as an outstanding cooperation center (Bangladesh)
01 05 Designated as a fund management agency agency in anti-corruption 10 Selected as an outstanding agency in the
policy evaluations by the management evaluations of public institutions
05-09 Opened overseas infrastructure Ministry of Land, by the Ministry of Land, Infrastructure,
cooperation centers Infrastructure, and Transport and Transport
at a (Vietnam, Indonesia, Kenya, etc.)
Received the grand prize at the Construction
Glance Cooperation Promotion Awards

History
Shareholders
Shareholders Roles
Organization Project Development Follow-up
Project Identification Financial Support
Roles & Financing Management
2.41 1.53
4.34
Business Areas 4.91 - Monitor overseas PPP trends - Support preliminary and - Arrange loans and - Monitor projects
4.91 and analyze policies main feasibility studies fund investments and conduct
- Identify G2G and private - Support negotiations with - Make direct equity follow-up
5.31 Shares
projects foreign governments investment management
(Unit: %)
6.61
- Make business proposals - Improve business feasibility - Provide financial
7.08 considering the business through consulting structuring and
55.48
condition of each country consulting
7.41

While serving as the co-developer and co-investor of overseas PPP projects,

we systematically support every stage of the project life cycle from project identification
Organization and development to investment and financial support.

Operating Committee CEO Auditor

Business Areas
Board of Directors Audit & Inspection Department Transportation Water Resources and
Urban Development Power, Energy, and Plant
Infrastructure Environment

Strategy & Project Development Investment Management

Planning Division Division Division

Planning Dpt. Infrastructure Project Dpt. Risk Management Dpt.

Management & Coordination Dpt. Plant & Power Project Dpt. Finance & Fund Dpt.
Building & Housing Project Dpt. Policy Advisory & Consulting Dpt.

3 divisions and 9 departments as of October 2022

05/06
 Mission Core Values

We Create the New World, Innovation

Share Our Values We continue our innovative challenges even under rapidly changing
global environment and uncertainties.

Vision
01
Cooperation
Reliable First Mover in
We pursue win-win cooperation with various domestic and

at a Global PPP Market overseas partners through close communication.

Glance

Expertise
Core Values
We share our expertise in the field of PPP projects and
Management
Goals foster global professionals.

Trust
We build trust with our partners and clients through successful
implementation of projects.

Management Goals / Strategic Directions and Tasks

Management Active Substantial Customer

Goals Investment Management Satisfaction

Systematized risk Sustainable and

Strategic Challenging attempts
management trustworthy
Directions for global projects
and financial support management system

Advancing global cooperation Enhancing risk management Establishing performance-

platform Reinforcing government- oriented operation
Strategic Vitalizing Team Korea entrusted functions Fostering culture of empathy
Tasks participation Strengthening financial support and consideration
Diversifying project portfolios Internalizing ESG management

07/08
 We actively support every stage of an overseas PPP project, including project

02
identification, feasibility study, project development, and financial support.

Support Model by Project Stage

Project Identification . Identifying projects through G2G and private cooperation and government
Project -entrusted programs (F/S support, K-City Network, EIPP)
Identification,

and Development 02 F/S,

Structuralization . Supporting the formation of Team Korea

Project Development and Consulting

. Reviewing and consulting on the means of financing
Project . Supporting project development through F/S and proposal preparation
. Supporting negotiations with major relevant parties
Identification

Project Identification
Preparation
and and Proposal . Establishing financing plans and framing financial structure
for Bidding . Reviewing equity composition and recruiting investors
. Reviewing contracts and analyzing risks
Development

Financial Arrangement
. Preparing financial model and PIM

Financial Consulting
. Supporting negotiations with MDB, ECA, and commercial banks
. Supporting bidding participation

Investment and Project Management

Support Model by Financing
Project Stage
. Arranging the debt financing
Work Process
. Due diligence (Verification of financial model and risk analysis)

Construction
and Operation . Signing project contracts
. Making investments and managing invested assets

Work Process

Pre-Review Approving whether to submit PQ (Pre-Qualification)

Committee Approving the signing of MOU

Project Selection Approving the development costs

Committee Approving the signing of Joint Development Agreement

Investment
Deliberation Deliberating on investment conditions
Committee

Board of
Making the final decision on investment
Directors

, Team Korea * Depending on the project stage, Pre-Review Committee or Project Selection Committee can be skipped

05/06
 Overseas Infrastructure Cooperation Centers G2G Cooperation Platform
We share information about potential infrastructure projects with Korean companies by We identify project opportunities through direct proposal and negotiations with foreign governments.
operating overseas infrastructure cooperation centers.

A Representative Case : Bangladesh Joint PPP Platform

KIND, on behalf of Korea, signed a business agreement with the PPPA(Public Private Partnership Authority
of Bangladesh) in April 2019, which enabled to promote projects through G2G cooperation without any
02 competitive bidding process.
Vietnam Bangladesh Indonesia Kenya
Infrastructure Infrastructure Infrastructure Infrastructure
Project Cooperation Center Cooperation Center Cooperation Center Cooperation Center
Advance Preparation G2G Discussion Platform Formation Operation Contract
Identification Korea's 4th largest trade A hub country in South Asia, World's 16th largest in Korea's largest trade partner
partner, with infrastructural where potential infrastructure economy, with immense in East Africa with stable

and demands on a continuous rise projects are concentrated

through G2G platform
potential in demands for
infrastructure expansion
domestic situation and market
economy system

Development Korean government Joint PPP Platform Bangladesh

government

Selection of projects & investors

Overseas Recruit interested Propose projects
Infrastructure investors F/S, Due Diligence and Negotiations
Cooperation
Centers Final Approval by CCEA
Propose projects Review projects
G2G Cooperation (Cabinet Committee on Economic Affairs)
Platform

KIND Contract
PPPA
Functions

Discovering projects through infrastructure cooperation and interaction

Achievements in Securing Priority Business Rights (Bangladesh)

Building cooperative networks with companies and financial institutions 2nd 3rd 4th
Joint PPP Platform Joint PPP Platform Joint PPP Platform
meeting meeting meeting
2020.01 2020.11 2022.03
Sharing information with Korean companies and assisting them in winning orders

Dhaka-Mymensingh Highway project

Dhaka circular railway project Meghna Bridge construction

Purbachal distribution line project
Proposing projects and supporting their structuralization and operation project
Matarbari-Madunaghat transmission
line project

11/12
 KIND carries out various projects entrusted by Korean government in order to support
Feasibility Study Support
Korean companies.
By providing F/S support based on extensive expertise, we reduce the burden of initial development costs
for Korean companies and help develop overseas PPP projects.
Overview

FOR CONTENTS SCALE

Government-Entrusted Programs

02
Project
Identification
and
Feasibility Study K-City Network EIPP (Economic Innovation
Overseas construction businesses Preliminary feasibility study, Within 1 billion KRW by project
Development Support Project Program Partnership Program
and foreign governments feasibility study, due diligence, (within 2 billion KRW for proposal preparation)
(participation of SMEs encouraged) and proposal preparation

Overview of
Government-
Entrusted
Programs F/S Support Process
Feasibility Study
Proposal Preparation
Support
Support Project

1 2 3 4 5
Public contest for Project evaluation Bidding Feasibility Project
target projects and selection for service Study Implementation
about 4 weeks about 4 weeks about 5-8 weeks about 3-6 months

Recruit and select

target projects/ Select
Provide results consulting firm

F/S-performing
Project Proposer Apply Perform
agency
Easing the burden of Utilizing expertise and Developing projects (give competitive consulting and
initial project identifying related and helping Korean presentations) submit out comes

development costs projects companies win orders

13/14
 K-City Network EIPP (Economic Innovation Partnership Program)

This is a global cooperation program that supports identification and development of This G2G policy consulting program, which is a follow-up model of KSP (Knowledge Sharing Program),
Korean smart city projects in overseas cities based on intergovernmental cooperation. provides concentrated assistance for partner nations over a period of 3 to 5 years with project planning,
establishment of strategies, and improvement of relevant laws and systems.

Project Overview
Overview of EIPP
FOR CONTENTS SCALE
02
FOR CONTENTS SCALE
Project
Identification
and
Development Foreign governments and Basic conception of master plan About 7 projects
international organizations / Feasibility study(preliminary), etc / 0.4 - 1 billion KRW
Foreign governments Policy consulting 4 to 7 projects
(KIND : in charge of Indonesia) (project planning, improvement of / Within 500 million KRW by project
K-City Network relevant systems, training of officials, etc.)
Public Contest Process
EIPP
Major Functions

Planning Type Project

Operator
Mediation of foreign
Selection
government assignments Project
Application Selection Results
Demonstration Type
Project
Review of public Implementation Providing tailored Optimizing the Training working-level Encouraging
contest proposals policy consulting means of investment policy officials company participation

Major Projects
Project Process

2022 : 5 Projects on Smart City Planning

Negotiation
Kyrgyzstan Malaysia Project Launching Briefing
Meeting Detailed Survey Follow-up Project
Issyk-Kul Klang Identification Session & Survey
& Contract
Basic Smart City Planning Master Plan for Historical and
and Pre-F/S Smart City Regeneration and Pre-F/S

Mongolia
Bangladesh New Zuunmod Azerbaijan
Khulna in Khushig Valley Zangilan
Basic Smart City Planning Basic Smart City Planning Basic Smart City Planning Interim Reporting Final Reporting
Final Report Domestic
& Working-level & High-level
Submission Seminar
Training Policy Discussion
* 2020-2021 : 16 projects in 14 countries completed

15/16
 We accomplish successful financing by providing financial consulting tailored

03
for Korean companies.

Overview of Financial Consulting

Investment and Project structure and F/S review Risk analysis

Financial Support 03
Contract review and support
Establishment of financing plan
Investment for negotiations

and
Financial Preparation of financial model Support for selecting consultants

Support
Preparation of PIM and support Support for Term Sheet and
Overview of for selecting MLA financial contracts
Financial Consulting

Financial Consulting by Stage

. Discussing with Korean companies and supporting G2G cooperation

Project . Consulting on financing
Identification,
. Consulting on feasibility analysis
F/S,
. Supporting financial negotiations with major parties
Structuralization

. Reviewing contracts and performing risk analysis

. Preparing financing modeling and PIM
Preparation and . Framing finance structure
Proposal for . Supporting bidding submissions
Bidding . Supporting negotiations with MDB, ECA, and commercial banks

. Arranging the debt financing

. Reviewing business feasibility and supporting due diligence
Financing
. Preparing IM (Information Memorandum)

, Team Korea Financial Closing

 Policy Fund Management PIS (Plant Infrastructre Smart City) Fund

We enhance the project bankability through efficient operation and management of This consists of a fund of funds and a sub-fund set, raised to identify projects and promote investment in
PIS Fund (Plant Infrastructure Smart City Fund) and GIF (Global Infrastructure Fund). Plant, Infrasturcture, and Smart City sectors.

and 9 other public institutions

Raising policy funds to strengthen Korean companies' financial competitiveness
03 Establish

+
Investment PIS fund of funds (600 billion KRW)
and Supporting fund operation, reflecting the needs of private sectors Invest Allocate profits
Financial Invest
Public & Private
Support ・ Through the policy funds, 798.7 billion KRW is invested in 28 projects in 14 countries. PIS sub-fund set (1.5 trillion KRW in all)
institution investors
Allocate
profits

Policy Fund
Management
- PIS Fund and GIF Various means of financial support including equity, debt and mezzanine

PIS FUND GIF

9cases 19cases GIF (Global Infrastructure Fund)

This is a set of blind funds for overseas infrastructure projects carried out by Korean companies.

investment commitments investment commitments

GIF No. 1, 2, 3, and 7 GIF No. 4 (GIVF) GIF No. 5 GIF No. 6
387.3billion KRW 411.4billion KRW

EPC orders won by Korea EPC orders won by Korea

1,839.2billion KRW 92billion KRW

Power generation, renewable,
environment, airport, road,
railway, harbor, urban Supporting the early stages
infrastructure, healthcare, of projects Supporting New Southern Supporting New Northern
TOTAL 28cases ㅣ investment 798.7billion KRW logistics facilities (Venture Fund) Region projects Region projects
EPC orders won by Korean companies 1,931.2 billion KRW

(as of end of August 2022)

19/20
 Major Achievements of KIND
Support for Korean Companies
A Foundation for Winning Global Orders
Sharing Information on PPP Projects
Priority Business Rights through Overseas Infrastructure
Government-Entrusted Programs
We publish PPP guides, sharing information on global trends and major orders to be issued. G2G Cooperation Cooperation Centers

...

Kenya Uzbekistan Kazakhstan Vietnam Indonesia Bangladesh Philippines Paraguay Secured priority business Operating overseas infrastructure F/S support
rights worth $10.9 billion cooperation centers (worth 4 billion KRW)
[Countries for which PPP advancement guides have been published] (Vietnam, Bangladesh, Indonesia, Kenya) K-City Network & EIPP

PPP Project Development

Holding Company Meetings
Environment-Friendly
Formation of Team Korea Portfolio Expansion
We hold company meetings and gather opinions to identify new projects and reinforce cooperation. Project Development

Identifying
Korean new projects
Meetings and
Companies & Reinforcing 40 projects & Advancing into Securing over 900,000 tons
collection of opinions cooperation 75 Korean companies involved Brown Field projects ($16 million) of carbon emission rights

Investment and Financial Support

Hosting Overseas Roadshows Policy Fund Investment Investment Capacity Integrated Risk
& ESG Management & Financial Consulting Management System
We host overseas roadshows and invite Korean companies, increasing contact points for new projects.

Activating policy funds Expanding investment capacity Enhancing project committee operation
& ESG investment & Reinforcing financial consulting & substantial investment

[Bogota and Cartagena Roadshow in Colombia] [Nairobi Roadshow in Kenya] [Dhaka Roadshow in Bangladesh]

Future Created by
Hosting PPP Information Sessions
We figure out difficulties experienced by SMEs and share information on local laws and supporting policies. Approval of 2 trillion KRW 400 million KRW Turning a Profit
in investments by KIND in Brown Field investments by 2024
67 Reliable First Mover
Projects in Global PPP Market
(Deal Pipeline)
Poland PDH/PP Plant

Kazakhstan Ring Road

4 Pakistan Hydropower Plant

United States

United States
Hotel

Gas Combined Cycle Power Plant

Centers Saudi Arabia Utilities Plant Bangladesh Infrastructure Cooperation Center

Saudi Arabia CHP Plant Philippines Affordable Housing

Nepal Hydropower Plant Vietnam Infrastructure Cooperation Center

Vietnam Industrial Park

Kenya Infrastructure Cooperation Center Vietnam Social Housing

Key projects and
Indonesia Port
overseas centers of KIND
Indonesia Water Treatment
Chile Solar Power Plant1
Indonesia Infrastructure Cooperation Center
Chile Solar Power Plant2

Chile Solar Power Plant3

Key projects overseas centers Chile Solar Power Plant4

Chile Gas Combined Thermal Power Plant

Status of direct investment

Total 18 projects investment commitments $454 million EPC orders won by Korean companies $4,317.3 million

(Unit: million KRW)

investment commitments investment commitments investment commitments investment commitments

16 31 276 131
Transportation EPC orders won by Korea Urban EPC orders won by Korea Power/Energy EPC orders won by Korea Water Resources and EPC orders won by Korea

Infrastructure Development and Plant Environment

2 projects 187 4 projects 143 9 projects 2,735 3 projects 1,252