Korea’s uTradeHub will be exported to Libya.
The Ministry of Knowledge Economy announced that the provider of Korea’s uTradeHub KTNET was selected in a competitive bidding for uTradeHub suggestions in Libya on the 12th of last month. Other providers included companies from Spain and Singapore providers.
This project will be to develop Libya’s single window e-trade building. If this is successful, KTNET will have a favorable position with a second business order. In addition the total sales will be US$9 million.
The Ministry of Knowledge Economy official said, “This success is the result of supporting and monitoring Libya’s policy trends by a diplomatic office in a foreign country and KOTRA. This export will be expected to be the beginning point to secure a bridge of advancing into Africa, expanding trade between the two countries and the smoothness of trade.”
