1990-2016

What is the ASEAN-ROK

Cooperation Fund?

The Association of Southeast Asian Nations (ASEAN)

and the Republic of Korea (ROK) established its dialogue
partnership in 1989. Building upon this partnership
in 1990, the purpose of launching the fund was to enhance
the ASEAN-ROK relations by implementing
various development cooperation projects which includes
technology transfer, human resource development,
culture and academic exchanges.

ASEAN Cooperation Division

South Asian and Pacific Affairs Bureau
Ministry of Foreign Affairs of the Republic of Korea
The Mission of the Republic of Korea to ASEAN
The ASEAN-ROK Development
Cooperation Programme Management Team
rokaseanfund@mofa.go.kr
asean.mofa.go.kr/english

Cooperation Fund
Annual Expansion

Expansion
(million USD)

What Have We Done?

The flagship projects

7.0

Future of AKCF

Since 1990, approximately

380 projects have been
implemented.

6.0
5.0

18

15

12

10 7 1

One-off
Event

24

4.0
3.0
2.0
1.0

'90

'95

'00

'05

'10

ASEAN-ROK Coopertion Fund

Future Oriented Cooperation Project Fund
Special Cooperation Fund

'15

People-to-people Contact
Social Welfare, Labour and Education
Environment, Disaster Management and
Climate Change (Green Growth)
Capacity Building of Civil Service and E-government
Trade, Industry and Economy
Food and Agriculture (Rural Development)
Culture and Tourism
Administration
Science and Technology
Transnational Crime (Cyber Crime)
Women
Information and Communication Technology
Sport

Multi-year
Projects

139
Increased volume in budget calls the need to develop the funding mechanism
to be more efficient with an avid focus on certain areas of cooperation.
While current funding mechanism focuses on one-off events, the new approach
will concentrate on designing more efficient and institutional projects.

27
28
29

34
34

Programme
Management
Team
Once a new funding mechanism is defined, the Programme Management
Team (PMT), in charge of monitoring and managing overall operation
AKCF projects, will be relocated to Jakarta. PMT will start overall calls for
proposal process in Jakarta in consultation with the ASEAN Secretariat.

1989.11

Starting from 1990, USD 1 million per year to

special cooperation fund
ASEAN-ROK Sectoral Dialogue Partnership

Restoration of Degraded Ecosystems and

Conservation of Biodiversity in the ASEAN Region (AKECOP)
ASEAN-Korea Environmental Cooperation Unit

1991.07
AKCF increased to 2 million USD in 1992
Advancement to Dialogue Partnership

A Program for Fostering ASEAN Future Leaders

The ASEAN University Network & Daejeon University

2004.11
AKCF increased to 3 million USD in 2005
15th Anniversary

The ASEAN-Korea Future-Oriented Youth Exchange Programme

National Council of Youth Organizations in Korea

2009.06
AKCF increased to 5 million USD in 2010
20th Anniversary

ASEAN-ROK Film Leaders Incubators (FLY)

Busan Film Commission

2014.12
AKCF increased to 7 million USD in 2015
25th Anniversary

ASEAN-Korea Academic Exchange

The ASEAN University Network &
Korean Association of Southeast Asian Studies

2015 ASEAN Media

People's Visit to
ROK (18-24 Oct, 2015)
Interview with
Super Junior
member Lee Teuk