Submission of Project Proposal
The coordinating ministry in the partner country submits project proposals with an official letter to the Embassy of the Republic of Korea in that nation, after collecting them from ministries and government agencies wishing to participate in the KSP. When submitting more than one project proposal, the coordinating ministry should include a priority list.
Review & Conduct Feasibility Study
Korean experts and agencies review the submitted proposals and conduct a feasibility study on the project
Based on the feasibility study’s results, the Ministry of Economy and Finance and other line ministries have discussions on project selection.
The KSP is launched as soon as project planning and recruitment of experts are completed.