Announcement
25 Jun 2026
In June 2026, the government of the Republic of Korea announced a KRW 80 billion (USD 51 million) loan to LS Cable & System. The support aims to facilitate the expansion of ultra-high voltage submarine cable mass production facilities and testbeds.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
25 Jun 2026
Revocation date:
No revocation date
Announced: 25 Jun 2026
State loan
In force
Recent update from 29 Jun 2026:
On 25 June 2026, the South Korean government announced a KRW 80 billion (USD 52 million) low-interest loan to LS Cable & System Inc. The support is part of the National Growth Fund's second meg...
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