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

Odaily Planet Daily News   The Korean Financial Services Commission (FSC) plans to expand the operating scale of the "Public Growth Fund" from 150 trillion won to 200 trillion won, and extend its investment scope to include aerospace and other fields. According to a policy briefing, the FSC will increase the annual operating scale of the Public Growth Fund from the current 30 trillion won to 40 trillion won, reaching a total operating scale of 200 trillion won over the next five years. The scope of support 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 intensively allocated to three key projects: semiconductors, AI data centers (AIDC), and Physical AI. (Jin Shi)