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Q

What is K-offset?

A

K-offset has been established in order to connect foreign companies and Korean defense industries.
Korean companies can register their products information by themselves in K-offset website and promote them to purchasing / procurement / supply chain management manager of foreign companies.
Referring to the information included in K-offset, foreign companies can search Korean Industry Participants(KIPs).
For these reasons, KDIA operates K-offset website to meet the needs of both Korean industries and foreign companies, and increase a cooperation in defense area.

Q

What is the expected effect to Foreign companies utilizing K-offset service?

A

Because of the amended DAPA’s offset policy such as increase of SME multiplier, adoption of the banking system and industrial quota system, it is necessary to search the Korean defense industries who have a capability and qualification for cooperation.
K-offset can be an effective tool for foreign companies in terms of searching the eligible and capable Korean partners not only for implementing offset obligation but long-term cooperation with Korean defense industries also. 

Q

Is it possible to check and access the information what foreign companies register?

A

The information entered by foreign companies in K-offset website is not disclosed to other foreign companies.
For the security reasons, KDIA made K-offset website not possible view the information between foreign companies fundamentally and the database will be encrypted against the cyber attack.