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

Odaily Odaily Planet Daily reported that 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 extend its investment scope to areas such as aerospace. 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, with the total operating scale over the next five years reaching 200 trillion won. The scope of support will also be expanded from the existing 12 high-tech industries (semiconductors, displays, artificial intelligence, biotechnology, vaccines, robotics, future mobility, defense, secondary batteries, hydrogen energy, key minerals, and content industries) to 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. (Jinshi)