Deputy Minister for Industrial Economic Policy Kim Kyung-won traveled to Casablanca last week to seek closer cooperation with Morocco in various business areas. Addressing delegates at a joint renewable energy forum, Deputy Minister Kim praised Morocco's "forward-looking" efforts to expand the use of renewable energy.
Morocco's sun and wind conditions put the country in an ideal position to build up its photovoltaic energy and wind power industries. In recognition of these advantages, the Moroccan government intends to generate 42 percent of the country's total electric power from renewable energy sources by 2020.
Meanwhile, Korea's own green initiatives are on the right track with active investment and impressive growth in the renewable energy sector. Deputy Minister Kim welcomed what he called "exciting opportunities for cooperation" and said Korea's advanced technology will benefit the North African partner's photovoltaic energy and wind power industries so that its far-reaching plans can bear fruit.
Ahead of the renewable energy forum, Deputy Minister Kim and Moroccan Secretary General of Industry, Trade and New Technology Mounia Boucetta signed a memorandum of understanding on industrial partnerships. The next day, the two sides held a joint business forum.
