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Briefings South Korea eyes regional growth with 1 trillion won industrial investmentGovernment’s reliance on private funding for 90% of the project raises execution and financial concerns South Korea announcedon Monday that it will invest more than $728 million (1 trillion won) to develop digital and energy facilities in industrial complexes across the country. The government will provide about $80.4 million (117 billion won) in funding, leveraging an expected $649 million (942.7 billion won) in private capital. The investment will focus on five key projects: a 15 MW fuel cell power plant in Iksan, a 25 MW data center in Busan, a smart farm in Wonju, a mixed-use dormitory and office complex in Iksan and a hotel and logistics center in Seoul. The projects are scheduled © Korea Risk Group. All rights reserved. |





