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
Implementation date
02 May 2024
Revocation date:
No revocation date
Announced: 02 May 2024
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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Announced: 02 May 2024
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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Related State Acts
Announced: 31 Mar 2025
Republic of Korea: KODIT allocates KRW 16.5 billion in guarantees to support projects led by Samsung Display
Announced: 25 Mar 2025
Republic of Korea: Republic of Korea: KODIT allocates KRW 90 billion in loan guarantees to Hyundai Motor Group and partner companies
Announced: 07 Jun 2022
Republic of Korea: KODIT allocates KRW 26.2 billion in loan guarantees to support Hyundai Mobis project
Announced: 30 Mar 2022
Republic of Korea: KODIT allocates KRW 18.1 billion in loan guarantees to support a project led by Samsung Electronics
Announced: 30 Dec 2021
Republic of Korea: KODIT allocates KRW 15.5 billion in loan guarantees to support a project led by Samsung SDI
Announced: 07 Dec 2021
Republic of Korea: KODIT allocates KRW 37.7 billion in loan guarantees to support a project led by Hyundai Transys
Announced: 01 Nov 2021
Republic of Korea: KODIT allocates KRW 27.3 billion in loan guarantees to support Samsung Heavy Industries' LNG Carrier Project
Announced: 27 Jul 2021
Republic of Korea: KODIT allocates KRW 17 billion in loan guarantees to support a project led by Mando Corporation
Announced: 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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