In line with the MOU between the Government of the Republic of Korea and the IHO for Support of the IHO Programmes signed on 15 June 2011, the Government of the Republic of Korea makes a contribution to the IHO for the capacity building activites but also technical standard as international and regional bases.

The Republic of Korea wishes to make a contribution available to the IHO for the purpose of helping developing countries improve their ability to comply with international standards relating to hydrographic surveying, oceanographic observation, nautical charts and electronic navigation charts production.

A list of project activities to be financed by the contribution will be jointly decided upon by the Republic of Korea and the IHO through the Programme Management Board Meeting annually and will be included in the IHO Capacity Building Work Programme.