South Korea expands public growth fund to 200 trillion won, focusing on aerospace and cutting-edge technology

Odaily Planet Daily News South Korea's Financial Services Commission (FSC) plans to expand the operational size of the "Public Growth Fund" from 150 trillion won to 200 trillion won, and extend its investment scope to fields such as aerospace. According to a policy briefing, the FSC will increase the annual operational size of the Public Growth Fund from the current 30 trillion won to 40 trillion won, achieving a total operational size of 200 trillion won over the next five years. The supported sectors will also be expanded from the existing 12 high-tech industries (semiconductors, displays, AI, biotechnology, vaccines, robotics, future mobility, defense, secondary batteries, hydrogen energy, critical minerals, content industry) to include emerging strategic industries such as aerospace.

In particular, long-term growth funds will be concentrated on three key projects: semiconductors, AI data centers (AIDC), and physical AI (Physical AI). (Jin Shi)