Government Establishes New 3 Trillion Won Strategic Fund for Overseas Construction: “Linking Overseas Order Performance to Domestic Regional Economies”
6 Articles
6 Articles
Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il announced plans to establish a 3 trillion won "New Strategy Fund for Overseas Construction" to support companies in securing overseas orders. During the Ministerial Meeting on External Economic Affairs held at the Government Complex Seoul on the morning of the 12th, Deputy Prime Minister Lee stated, "In order to revitalize the regional economies associated with overseas expan…
The government announced that it will establish a new strategic overseas construction fund worth 3 trillion won and expand package-type orders to increase the participation of domestic small and medium-sized enterprises (SMEs) and middle-sized companies. Deputy Prime Minister Lee Hyung-il emphasized the stabilization of supply chains and the diversification of trade networks to respond to external economic risks, and stated that the government p…
[Digital Daily Reporter Kim Nam-gyu] The government is establishing a 3 trillion won "New Strategy Fund for Overseas Construction" to support domestic companies in securing overseas construction orders. The plan envisions using 1 trillion won in government funds as seed money to attract domestic and foreign private capital for overseas infrastructure investment. Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il presided ove…
Deputy Prime Minister and Minister of Finance and Economy Lee Hyung-il announced on the 12th the establishment of a 3 trillion won "New Strategic Fund for Overseas Construction" to support overseas orders for companies. Presiding over the Ministerial Meeting on External Economic Affairs at the Government Complex Seoul, Deputy Prime Minister Lee stated, "We will expand package-type orders to revitalize regional economies associated with overseas …
The government plans to establish a "New Strategic Fund for Overseas Construction" worth a total of 3 trillion won by raising domestic and foreign capital using 1 trillion won in fiscal funds as seed money. The plan envisions transitioning the support method from individual project units to joint investment platforms by country and region, in line with the trend of the overseas infrastructure market shifting toward investment-development type pr…
The government is reviewing risk factors in the trade, supply chain, and real finance sectors to address external uncertainties and is launching a cross-ministerial response.
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