Announcement
02 May 2024
In May 2024, the Korea Credit Guarantee Fund (KODIT) announced the signing of two agreements with Hyundai Motor Group. Under the agreements, KODIT will provide special guarantees worth a total of KRW 632 billion to support "joint investments" by Hyundai Motor Group and partner companies.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
02 May 2024
Revocation date:
No revocation date
Loan guarantee
In force
On 2 May 2024, the Korea Credit Guarantee Fund (KODIT) announced the signing of a "Domestic Partnership Investment Financial Support Business Agreement" with Hyundai Motor Group. Under the agreement, ...
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Other export incentive
In force
On 2 May 2024, the Korea Credit Guarantee Fund (KODIT) announced the signing of a "Financial Support Business Agreement to Promote Future Eco-Friendly Mobility Exports" with Hyundai Motor Group. Under...
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Related State Acts
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02 Nov 2020
Republic of Korea: KODIT allocates KRW 22 billion in loan guarantees to support a project led by Hyundai Motor Group
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