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Republic of Korea: Export-Import Bank announces almost $1bn of investment into Doosan Heavy Industries

Description

On June 1st, 2020, the Export-Import Bank of South Korea announced it would be increasing funding for Doosan Heavy Industries Co., Ltd by USD 975m (KRW 1.2tn) in 2020, to help with the 'financial mark...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jun 2020

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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