Global Trade Alert
Global Trade Alert

Republic of Korea: State aid for Device ENG Co Ltd's carbon reduction project

Announcement

30 Oct 2024

In October 2024, the South Korean Ministry of Trade, Industry and Energy announced providing a loan of KRW 16.5 billion to Device ENG Co Ltd to support the company's carbon reduction project.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Oct 2024

Revocation date:

No revocation date

Updated: 30 Oct 2024
State loan In force

On 30 October 2024, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced providing a loan of KRW 16.5 billion (USD 12 million) to Device ENG Co Ltd. The loan supports...

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