The Ministry of Trade, Industry and Resources building nameplate inside the Government Complex Sejong in Sejong City. /Courtesy of Yonhap News

As the government expands the advanced strategic industry fields that support small and midsize corporations in core materials, parts, and equipment, the defense and robotics sectors will also be able to receive up to 50% of new investment funds. The Ministry of Trade, Industry and Resources said on the 17th that it will announce on the 18th the support plans and procedures for the investment grant program for small and midsize corporations in the national advanced strategic industry materials, parts, and equipment, and will recruit corporations for support through July 17.

Implemented since 2025, the program supported about 120 billion won for 22 corporations last year, backing a total of 556.1 billion won in site and facility investment plans. The goal is to strengthen domestic production bases for key materials, parts, and equipment items and secure the stability of advanced industry supply chains in response to the reorganization of global supply chains. The total support this year has been increased to about 170 billion won.

Considering on-site industry demand, the supported sectors have been expanded from four—semiconductors, secondary batteries, bio, and displays—to six advanced strategic industries with the addition of defense and robotics. Eligible corporations can receive support of 30% to 50% for new domestic site and facility investments.

Corporations that wish to apply must submit required documents, including the program application, on the e-Naradoum website. The Ministry of Trade and Industry (MOTI) will hold a briefing session on the 27th for corporations and local governments interested in participating in the program.

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