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Description
On 15 April 2024, the South Korean Ministry of Ocean and Fisheries (MOF) announced increasing the budget of the New Shipbuilding Support Program by KRW 2.03 trillion (USD 1.46 billion). With this chan...
Intervention Details
Intervention Type
Capital injection and equity stakes (including bailouts)
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
15 Apr 2024
Revocation date
No revocation date
Implementation level
NFI
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Sectors
Affected Products
See all
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