On December 16, Deputy Prime Minister and Minister of Economy and Finance Koo Yun Cheol chaired the Ministerial Meeting on Strengthening Industrial Competitiveness and Growth Strategy Task Force at the Government Complex-Sejong. During the meeting, participants discussed the “2026 National Growth Fund Management Plan”, the “Implementation Plan (IV) for the 15 Ultra-Innovative Economy Flagship Projects”, the “Strategy to Secure Global Logistics and Supply Chain Hubs”, and the “Measures to Promote the Deployment of Heat Pumps.”
[2026 National Growth Fund Management Plan]
The National Growth Fund was officially launched on December 10, with an aim to provide strong momentum for the growth of high-tech strategic industries.
The National Growth Fund for 2026 will be operated at a scale of over KRW 30 trillion. Of this amount, KRW 6 trillion will be invested in the AI transformation to intensively foster next-generation growth engines, while more than KRW 12 trillion will be allocated to regional areas to ensure balanced growth. In addition, support instruments will be diversified to meet corporate needs, including KRW 3 trillion in equity investments, KRW 7 trillion in indirect investments, KRW 10 trillion in infrastructure investment and lending, and KRW 10 trillion in ultra-low-interest loans.
[Implementation Plan (IV) for the 15 Ultra-Innovative Economy Flagship Projects]
Starting next year, the government will fully roll out the Ultra-Innovative Economy flagship projects.
(Superconductor) By 2029, the government will develop commercialization technologies for high-temperature superconducting magnets and build a world-class superconduct test facility with the highest specifications.
(K-Bio) Support will be provided for the global expansion of K-bio pharmaceuticals through a Phase III clinical trial-focused fund (KRW 150 billion) and a KRW 1 trillion bio and vaccine fund.
(K-Digital healthcare) A new digital healthcare export model will be developed and expanded, leveraging global hubs – including overseas hospitals acquired through mergers and acquisitions – as testbeds.
(K-Content) The K-Content Policy Fund will be significantly expanded (KRW 295 billion → KRW 430 billion), accompanied by close, end-to-end support spanning research and development, the cultivation of specialized talent, and overseas expansion.
[Strategy to Secure Global Logistics and Supply Chain Hubs]
In order to prepare for the rapidly changing economic security environment and supply chain uncertainties, the government will enhance the global logistics and supply chain network, focusing on strategic hub countries. Starting next year, a KRW 1 trillion Global Terminal Investment Fund will be established, and the Global Logistics Supply Chain Fund will be expanded to KRW 2 trillion (from the current KRW 1 trillion), to support the acquisition of logistics assets, such as terminals, as well as overseas companies.
[Measures to Promote the Deployment of Heat Pumps]
Last but not least, the government will promote the wider deployment of heat pumps to facilitate the transition to a green economy.
Air-source heat, a key heat source for heat pumps, will be recognized as renewable energy, and household heat pumps will be exempted from the progressive electricity tariff scheme.
Please refer to the attached files.
