"On September 3, Union Minister for Investment and Foreign Economic Relations U Thaung Tun and South Korea’s Minister for Foreign Affairs Ms Kang Kyung-wha signed the framework agreement under which South Korea will provide US$1 billion to Myanmar for an economic development cooperation fund (EDCF) during a visit by South Korean President Moon Jae to Myanmar. According to the Ministry of Investment and Foreign Economic Relations, nine projects are included under the loan framework. The Ministry of Agriculture, Livestock, and Irrigation is expected to receive US$57 million for upgrading state agricultural institutes conducting vocational and educational programmes, upgrading agricultural cooperative societies, promoting income generation for rural cooperatives members, and the Ayeyarwaddy Delta Area Development Programme. The Ministry of Transport and Communication (MOTC) is expected to receive US$93 million for an e-government integrated data center project, US$45 million for a railway modernisation project, and US$700 million for the Mandalay – Myitkyina rail line project..."