Global Trade Alert
Global Trade Alert

Republic of Korea: KODIT allocates KRW 26.2 billion in loan guarantees to support Hyundai Mobis project

Announcement

07 Jun 2022

In June 2022, the Korea Credit Guarantee Fund (KODIT) allocated KRW 26.2 billion in joint project loan guarantees to support a Hyundai Mobis project that aims to develop and mass-produce eco-friendly SUV electric vehicle parts.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

07 Jun 2022

Revocation date:

No revocation date

Loan guarantee In force

On 7 June 2022, the Korea Credit Guarantee Fund (KODIT) announced the approval of loan guarantees of KRW 26.2 billion (approx. USD 20.8 million) in order to support a Hyundai Mobis project that aims t...

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