The Financial Services Commission said on the 3rd that it would support advanced strategic industries such as Gangwon Province's energy infrastructure and artificial intelligence (AI) data centers through the Public Growth Fund.
The Financial Services Commission held a "Public Growth Fund·regional preferential finance local roundtable" in Chuncheon, Gangwon Province, that day and discussed ways to build a local advanced industry ecosystem and boost investment.
The roundtable proceeded with promoting the Public Growth Fund and regional preferential finance to corporations in the Gangwon Province area and hearing investment plans within the region.
The Financial Services Commission explained that Gangwon Province, based on abundant energy resources such as solar and wind power and a pristine natural environment, has growth potential in advanced strategic industries including AI infrastructure, bio, and renewable energy. The Financial Services Commission said this roundtable would serve as a catalyst linking Gangwon Province's growth base with the Public Growth Fund.
As the Public Growth Fund plans to invest more than 60 trillion won, or 40%, of the total 150 trillion won+alpha (α) raised in the regions, the Financial Services Commission asked corporations in Gangwon Province related to advanced strategic industries to show strong interest in and participate in the Public Growth Fund.
The Financial Services Commission also had lunch with student startup club members at Kangwon National University's "Startup Cube" and discussed directions for financial support to energize entrepreneurship among local youth.