Global Trade Alert
Global Trade Alert

Republic of Korea: Approval of KRW 350 billion support to two projects under National Growth Fund (June 2026)

Announcement

25 Jun 2026

In June 2026, the National Growth Fund's Fund Management Council approved a total of KRW 350 billion from the Advanced Strategic Industry Fund for two projects in the development of innovative bio-modalities and facility expansion for K-Defence exports.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Jun 2026

Revocation date:

No revocation date

Announced: 25 Jun 2026
Equity stake In force

Recent update from 29 Jun 2026:

On 25 June 2026, the South Korean government announced a KRW 100 billion (approximately USD 64 million) equity stake in LIG Defence & Aerospace (LIG D&A). The beneficiary is a domestic defe...

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Announced: 25 Jun 2026
Equity stake In force

Recent update from 29 Jun 2026:

On 25 June 2026, the South Korean government announced a KRW 250 billion (approximately USD 162 million) equity stake in Ligachem Bioscience. The beneficiary is a domestic biotech company developin...

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