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Global Trade Alert

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Republic of Korea: Amendments to cash grant program to attract FDI

Description

On 19 July 2022, the South Korean Ministry of Trade, Industry, and Energy announced amendments to the cash grant program to attract FDI. Specifically, the government will offer up to 50% cash reimburs...

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Intervention Details

Intervention Type

FDI: Financial incentive

MAST Chapter

FDI measures

Implementation date

19 Jul 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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