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Republic of Korea: KRW 178.1 billion to support construction of eco-friendly ships in 2024

Description

On 30 January 2024, the South Korean Ministry of Ocean and Fisheries (MOF) announced allocating KRW 178.1 billion (USD 133.89 million) in state aid to support the South Korean shipbuilding sector in t...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Jan 2024

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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