Svmuu News: The Financial Services Commission (FSC) of South Korea plans to expand the operating scale of the “Public Growth Fund” from 150 trillion won to 200 trillion won and broaden its investment scope to include sectors such as aerospace. According to a policy briefing, the FSC will increase the Public Growth Fund’s annual operating scale from the current 30 trillion won to 40 trillion won, bringing the total operating scale over the next five years to 200 trillion won. The scope of support will also be expanded from the current 12 major high-tech industries (semiconductors, displays, artificial intelligence, biotechnology, vaccines, robotics, future mobility, defense, rechargeable batteries, hydrogen energy, critical minerals, and the content industry) to emerging strategic industries such as aerospace.
In particular, long-term growth funds will be concentrated on three key areas: semiconductors, AI data centers (AIDC), and Physical AI. (Jin Shi)
South Korea has expanded its Public Growth Fund to 200 trillion won, with a focus on supporting the aerospace and high-tech sectors
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Source:Odaily · Source Link
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