Korea International Cooperation Agency (KOICA)
To ensure the efficiency and effectiveness of the grant aid programs that used to be carried out by multiple government ministries, the Korean government in April 1991 established KOICA under the MOFA as a unified grant provider. Through the sharing of Korea’s development experiences and know-how with its partner countries, KOICA aims to fight global poverty and support sustainable socio-economic development in developing countries while at the same time strengthening Korea’s friendly relations with them. Setting health, education, governance, agriculture and rural development and technology, environment and energy as priority sectors, KOICA delivers grant-based programs through its development projects, Development Experience Exchange Program (DEEP), international volunteer and fellowship programs, emergency relief provision, multilateral cooperation, etc. As of 2021, KOICA's support amounts to around $636 million. At present KOICA operates 47 country offices around the globe.