Industrial Bank of Korea (IBK), as part of a plan to commit 10 trillion won to the 150 trillion won Public Growth Fund, approved 1.35 trillion won in support this year for advanced strategic industries and related ecosystems.
According to the financial sector on the 10th, Industrial Bank of Korea (IBK) will, together with the Public Growth Fund, channel 850 billion won to the corporate investment institutional sector and 500 billion won to the infrastructure institutional sector out of the total 1.35 trillion won into advanced strategic industries and related ecosystems.
In the corporate investment institutional sector, 850 billion won—the largest level among banks—will be supplied as tailored venture capital across the life cycle of innovative small and venture corporations to actively support technology development, technology commercialization, and scale-ups.
For innovative small and venture corporations, investments will be made through managers with experience and expertise in managing fund-of-funds. For scale-up and mature corporations, IBK will independently select managers capable of accelerating corporate relaunch and growth and make tailored investments.
It also plans to invest 500 billion won in energy infrastructure expansion, including power, water, and AI data centers, as well as infrastructure related to national strategic industries, contributing to the creation of an advanced strategic industry infrastructure ecosystem. IBK Asset Management, which has infrastructure expertise, will manage the fund, and it will be formed with 100% group capital, concentrating IBK Financial Group's capital strength and management capabilities.