Targets
Enterprises with foreign investment ratio of over 30% (except long-term borrowing)
Qualification
- New driving force technology, advanced technologies, and products, and materials, parts and equipment industry
- Large-scale employment (over 300 employees for manufacturing and construction businesses, over 200 employees for wholesale, retail and accommodation businesses, over 100 employees for education service business)
- New construction/expansion of R&D center, more than 5 researchers
(including new driving force technology, advanced technology, and relevant business fields)
Support
- (General) 5-20% of foreign direct investment (FDI)
- (Advanced Industry) up to 40% of foreign direct investment (FDI)
- (National Strategic Technology) up to 50% of foreign direct investment (FDI)
Application procedure
- Cash support application
Foreign investment company →
Ministry of Industry (KOTRA) - Assessment and Limit Application
- Assessment Committee of the Ministry of Industry
- Limit Calculation Committee of the Ministry of Industry
- Deliberation and Resolution
- Ministry of Industry
- Foreign Investment Committee
- Execution of Cash Support Agreement
Ministry of Industry – Local Authority – Foreign Investment Company