SEOUL: South Korea will provide US$20 million in grant aid to the Philippines to help assist the typhoon-devastated country's restoration efforts, the foreign ministry said Friday.
The aid will be given to the Philippines' rebuilding sector over the three years ending in 2016 through assistance projects by the Korea International Cooperation Agency, the South Korean grant aid body, according to the Ministry of Foreign Affairs.
Specific aid plans will be determined after studying the country's restoration needs, the ministry said in a statement carried by Yonhap news agency today.
The southeast Asian country is still reeling after the fallout of the massive typhoon Haiyan, which hit the country in early November, killing about 4,000 people in and around the city of Tacloban.
Right after the typhoon devastating the Philippines, Seoul pledged $5 million in assistance and shipped relief goods to the country.
As part of further efforts, the ministry said also Friday that it will send another 45-man rescue team to the country later in the day.
The relief assistance team, staffed with medical and rescue workers, will replace the former team dispatched to the country earlier this month, the ministry said. (QNA)
