Seoul approves 9.78 bln won for renovation of inter-Korean liaison office
SEOUL, Oct. 24 (Yonhap) -- South Korea will spend 9.78 billion won (US$8.64 million) from the Inter-Korean Cooperation Fund to finance the renovation and repair of the Inter-Korean Liaison Office in the North Korean border town of Kaesong, the Ministry of Unification said Wednesday.
The expenditure plan was approved at the 298th meeting of the Inter-Korean Exchange and Cooperation Promotion Council, as the renovation and repair of the liaison office was completed as of the end of September.
The liaison office formally opened at the Kaesong Industrial Complex on Sept. 14 to serve as a direct communication channel between the two Koreas.
"The liaison office building, resident staff accommodation space and water purification, drainage and waste disposal facilities were all renovated and repaired to the required levels," a ministry official said.
As the council approved an initial spending of 86 million won in July, the total expenditure for the renovation and repair work for the liaison office amounted to 9.87 billion won.
Source: Yonhap News Agency