Ethiopia's Minister of Urban Infrastructure and Wavus Joint Venture CEO Kim, Hak-sung attend.

Advanced Korean Land Administration Technology Transfer Looking forward to entering the ODA project in Africa in the future

Kim Hak-sung , representative of Wavus ( right), and Fenta Dejen Wudu, Ethiopian Minister of State for Political Affairs . Photo = Wavus

Ethiopia's land information management system construction project is worth 22.23 million dollars (about 30 billion won), and the contract period is three years from November 30, 2023. Wavus, the organizer, plans to form a consortium with survey and information and communication technology   (ICT) infrastructure builders to build an Ethiopian land information  database and  related systems, and  establish ICT operating infrastructure for this. After the contract period, Wavus will operate and support the system for two years.

 "This project is very important as part of Ethiopia's 10 years national development  plan," said  Ethiopian Urban  Infrastructure Minister Chaltu  Sani Ibrahim, who attended the event. "The state and federal governments  will support the  success of the  project through active cooperation, and  Ethiopia traditionally has  deep ties with  Korea, so I  think cooperation will  work well."  I hope it will be a successful business within the period," he  said, emphasizing the  importance of  this project and  asking for  close cooperation between consortium participating  companies.

 "This project is the first land information project to be promoted in Africa and has a very important meaning," said Kim, Hak-sung, CEO of Wavus JV. "We will do our best to build the best LIMS through  active cooperation with  each other."

The land information management system construction project is significant in that it shares technologies between the two countries and applies advanced Korean administrative tasks and technologies called "K-Land Administration" to the African market for the first time as a small and medium-sized company. The company  expected that a complete land administration  system could be  created by  promoting cooperation between the two countries and  using specialized technology to  establish standards for Ethiopian land administration.

Meanwhile, Weverse is reorganizing its organizations and  personnel to enter Africa's official  development assistance (ODA) projects, including the establishment of the land information management system in Tanzania and  Tunisia scheduled this  year. In the future, the goal is to develop spatial information projects in regions such as Southeast Asia and Mongolia, starting with Kazakhstan.

[Access the original press release]