The Corporation is supporting construction companies for expanding into the Middle East by providing global education programs.
Korea Energy Management Corporation (KEMCO, President: Byun Jong-rip) will provide a training program on energy conservation policies and technologies to over 20 staff members at companies and government officials in Kuwait from August 25 to September 5 under the theme of ‘KEMCO Training for Energy Technology and Policies in Kuwait’.
KEMCO will provide the education service as part of the offset program for obtaining an order for government-ordered project by a Korean construction company.
Some countries in the Middle East adopted the offset program to mandate foreign construction companies to provide social services in value of certain amount in exchange for benefits of winning orders for large scale projects.
As the Kuwaiti government decides the amount of mandated social service by evaluating offset program, selection of a proper offset project is emerging as a business issue. KEMCO is providing the education service as part of the offset program required by winning the project of constructing a power plant in Sabiya, Kuwait by Hyundai Heavy Industries.
KEMCO will help Kuwait beef up capability of using energy in rational way by providing customized energy education based on Korea’s energy conservation policies and experiences.
For Korean construction companies that are seeking to participate in projects in Kuwait, KEMCO’s education service is expected to contribute to easing their burden of exploring and fulfilling offset programs.
A manager at KEMCO said, “The education program in Kuwait is the first case of using our global energy education contents for supporting Korean companies’ expansion into overseas markets. Given deep interest of developing countries’ governments in improving energy efficiency and renewable energies, we will be able to gain synergy by linking our global education programs with construction companies’ presence in overseas markets. Having sealed an MOU with GS E&C, the two parties are seeking ways of collaboration for offset programs.”
Launched in 2012, the Global Energy Education Center in KEMCO has been building global education capabilities by developing education contents based on its unique policies and programs, such as energy efficiency and diagnosis programs, in coordination with international organizations. And it has successfully conducted 8 global education programs so far, including the education program for exchanging and cooperating for improving energy efficiency through collaboration with the World Bank.
Source : todayenergy