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Cash Support

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Cash Support

  • Legal basis: Article 14-2 of the Foreign Investment Promotion Act
  • Assessment criteria: Advanced technology transfer status, the effect of the technology transfer, the size of the job creation, an overlapping status with domestic investment, the appropriateness of the location, etc.
  • Support details
    • The purchase price or rent for land or buildings for the construction of factories or research facilities
    • Construction costs for factory facilities or research institutes
    • The purchase price for capital goods and research apparatus and materials to be used for business or research purposes at factory facilities or research institutes
    • Installation costs for an infrastructure such as electricity and telecommunications facilities required for the construction of factory facilities or research facilities
    • Employment subsidy and education and training subsidy
  • Application procedures
    Please refer to the information below
    • Review investment plans (Minister of Trade, Industry and Energy)
    • Make decision on cash grants (negotiate with foreigners and deliberate through the Investment Deliberation Committee)
    • Negotiate incentives and the amount (Minister of Trade, Industry and Energy – Minister of Economy and Finance)
    • Provide cash grants (central and local governments)
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