Cash Grant

Foreign investment shall meet the following requirements and its foreign investment ratio shall be over 30% to be eligible for cash grant.

In case of new construction or expansion of factory facilities (workplaces for non-manufacturers) to be engaged in the industry support service industry, essential for strengthening the national competitiveness, and industries that hold high-end technology

In case of new construction or expansion of factory facilities to manufacture the below parts and material items subject to cash grants for the parts and material industry and stipulated in the Special Act on Cultivation of Parts and Material Company

- Parts and materials that contribute a lot to creating the high added value of finished products

- Parts and materials that hold high-end technology or advanced technology, creating high added values and making technology spillover effects

- Parts and materials that lay the groundwork for the development of industries or are highly connected to other industries