Global Trade Alert
Global Trade Alert

Republic of Korea: Amendments to cash grant program to attract FDI

Announcement

19 Jul 2022

In July 2022, the South Korean Ministry of Trade, Industry, and Energy announced amendments to the cash grant program to attract FDI, offering up to 50% reimbursement for FDI in strategic industries. 

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

19 Jul 2022

Revocation date:

No revocation date

Updated: 19 Jul 2022
FDI: Financial incentive In force

On 19 July 2022, the South Korean Ministry of Trade, Industry, and Energy announced amendments to the cash grant program to attract FDI. Specifically, the government will offer up to 50% cash ...

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