Yemen, S. Korea to set up technology institute

SANA'A, Jan. 11 (Saba) - An agreement of setting up a Yemeni-Korean
technology institute to be signed on Monday at the Ministry of
Planning and International Cooperation worth $19 million, South
Korean government would provide $15. 500 million and Yemeni
government with $3.500 million.

Director of International Cooperation with Asia and Australia in
Ministry of Planning and International Cooperation Omer Abdul-Aziz,
in a statement to Saba, considered the agreement comes in the
framework of practical translation for the trends of the two Yemeni
and Korean governments to boost and develop mutual cooperation
framework between Yemen and South Korea.

It is worth mentioning that South Korea has allocated $100 million
to contribute in Yemen's development efforts, in which the funds
devoted to set up infrastructural projects in higher education and
health fields.

Deputy Premier for Economic Affairs, Minister of Planning and
International Cooperation Abdul Karim al-Arhabi and South Korean
ambassador to Sana'a Won-ho Kwak would sign the agreement.