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Development Overview

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Overview of Korea’s development experience

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EDCF loans: Distribution by Agricultural, Forestry and Environment

The EDCF finances other various sectors in addition to its main one’s. These sectors include agriculture, forestry & fishing, and general environmental protection, which account for about 8.7% (KRW 278,542 million) of the EDCF’s total cumulative loan commitments, and 8.2% (KRW 147,197 million) of the EDCF’s total cumulative disbursements as of 2007.

The EDCF supported 3 environmental protection projects with loan commitments totaling KRW 21.7 billion and 9 projects in the agriculture, forestry & fishing sector with a total loan commitment of KRW 165.4 billion. Also, loans totaling KRW 91.5 billion were committed to 7 projects in the other sectors.

[Table 1-1] EDCF Projects in other Sector (As of 2007)


Source: The Export-Import Bank of Korea. 2008. EDCF Your development partner 1987-2007, History book. Seoul.