Powerful bio fostering policy of Korean government has been promoting continuously with R&D investment since the establishment of basic plan.

Korea’s bio industry market has been estimated at approximately US$2.5 billion with US$500 million of annual government funding in the R&D. The great strides in the field of bio Korea industry are attributed to the support and effort of government, educational, research institutes and companies from related industry. Now, Korea’s bio market has attracted the attention of the people all over the world.

Korea International Trade Association and our co-organizer will take the Bio Korea 2007 one step further and strengthen its impact on the industry based on Korean government plan and efforts.

Here are Korea’s Bio Promotion Basic Plans from 1994 to 2016. (source: Korea Bio Venture Association)