Global Trade Alert
Global Trade Alert

Republic of Korea: Introduction of KRW 146.2 billion Smart Factory Building Support Project for 2023

Announcement

09 Jan 2023

In January 2023, the Ministry of SMEs and Startups announced the allocation of a KRW 146.2 billion to the Smart Factory Building Support Project for 2023. The project is designed to support the construction of new and the improvement of existing smart factories.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

09 Jan 2023

Revocation date:

31 Dec 2023

Updated: 09 Jan 2023
State aid, unspecified

On 9 January 2023, the Ministry of SMEs and Startups announced a KRW 146.2 billion (USD 117.5 million) Smart Factory Building Support scheme for the year 2023. No specific sectoral restrictions for...

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