Global Trade Alert
Global Trade Alert

Republic of Korea: Government launches KRW 247.5 billion Smart Factory Building Support Project

Announcement

18 Jan 2022

In January 2022, the Ministry of SMEs and Startups launched a KRW 247.5 billion Smart Factory Building Support Project, a scheme designed to support the construction of new smart factories and improve the competitiveness of manufacturing SMEs.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Jan 2022

Revocation date:

31 Dec 2022

Updated: 18 Jan 2022
State aid, unspecified

On 18 January 2022, the Ministry of SMEs and Startups launched a KRW 247.5 billion (USD 207.5 million) Smart Factory Building Support Project 2022, a scheme targeting manufacturing SMEs.

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