The Financial Services Commission will create a fund worth 220 billion won to support the growth of the semiconductor and nuclear power plant industries.
On the 26th, the Financial Services Commission held the 10th policy financial support council chaired by Vice Chairman Kim So-young and announced this information. The Financial Services Commission will additionally create a semiconductor ecosystem fund worth 120 billion won. This fund was first established in 2023, and with the additional 120 billion won, a total of 1.1 trillion won has been invested.
Additionally, the Financial Services Commission and the Ministry of Trade, Industry and Energy will establish a new nuclear power industry growth fund worth 100 billion won. Of this, 35 billion won will come from the national treasury, 5 billion won from the Industrial Bank of Korea capital, 30 billion won from Korea Hydro and Nuclear Power Corporation capital, and 30 billion won from private funds. This fund is intended for investment in small and medium-sized corporations engaged in the nuclear power industry. In particular, the Financial Services Commission aims to invest a certain proportion of the fund in small modular reactor (SMR) related corporations.
Vice Chairman Kim noted, "We will faithfully reflect the opinions presented by each government department to achieve qualitative improvement in policy finance."