Building on Success: How Korea's Real Estate Expertise Is Driving Development

https://www.worldbank.org/en/news/feature/2026/07/15/building-on-success-how-korea-s-real-estate-expertise-is-driving-development Building on Success: How Korea's Real Estate Expertise Is Driving Development Korea's transformation from aid recipient to one of the World Bank's key donors within a single generation stands as one of the most inspiring models for development and strengthening this association is the Korea–World Bank Partnership Facility (KWPF). It is a trust fund managed by the World Bank and is the largest the Government of Korea has with any Multilateral Development Bank (MDB). KWPF was established with the objective to support low- and middle-income countries adapt and apply Korea's development experience and technical expertise to achieve inclusive and sustainable growth.