Hwang Ki-yeon, head of The Export-Import Bank of Korea, said on the 6th that the bank will actively meet financial demand for U.S.-bound investment projects by our corporations to back government policy.
Hwang made the remarks at an inauguration ceremony held at the Export-Import Bank headquarters in Yeouido, Seoul, on the afternoon of the 6th, saying, "Right now, our economy faces very grave conditions at home and abroad. In times like this, the reason for the existence of KEXIM's policy finance becomes even clearer."
Hwang stressed that "KEXIM must now evolve beyond a simple export finance institution into a strategic investor leading Mirae Industries, a frontline partner in overcoming trade crises, and a facilitator of global cooperation."
Hwang also said, "We will actively support the development of core technologies and the strengthening of export capacity in future growth sectors such as artificial intelligence (AI), semiconductors, bio, and defense." He said, "From early investment in technology-leading industries to exports and overseas expansion, we must accelerate industrial upgrading and the transition of the economic structure by providing customized finance that covers every growth path," adding, "We will spare no support for the introduction of physical AI in key industrial sectors for the AI great transition and for building related infrastructure."
Hwang also said he would realize policy finance that enables shared growth for all. He said, "KEXIM must become a solid shield so that small and midsize corporations facing tariff barriers and exchange rate volatility can go beyond survival to secure global competitiveness." He added, "We will expand financial support for the transition to a low-carbon economy, including renewable energy and the hydrogen industry, and seek practical economic cooperation measures that can contribute to peace and shared prosperity on the Korean Peninsula through the strategic use of the Inter-Korean Cooperation Fund."