SEOUL, KOREA – Korea Eximbank is set to more than double its financial support for future-oriented industries such as services, biotechnology and ICT convergence.Korea Eximbank seems committed to helping the service industry, packed with the potential for high growth and robust job creation, further make inroads into overseas markets in order to facilitate the internationalization of Korea’s future-oriented industries.
In a meeting with reporters on Wednesday, Yong-hwan Kim, Governor of Korea Eximbank said, “Korea Eximbank will invest KRW 800 billion, up more than 50% from last year’s, in the Korean service industry including knowledge, culture and logistics.” In particular, Korea Eximbank plans to sink KRW 1 trillion into efforts to create Hallyu contents (like cultural performances, dramas and traditional Korean food) by 2016. By doing so, Korea Eximbank will handpick ten Korean companies in a bid to nurture them into Hallyu leaders.
Governor Kim continued, “A taskforce dedicated to knowledge services will be set up under the Future Industry Finance Office to effectively pour KRW 1.3 trillion into the ICT industry by 2016.”
Korea Eximbank will invest an all-time high of KRW 74 trillion this year to galvanize exports and job creation.
Sean Chung (hbpark@etnews.com)
**Article provided by etnews [Korea IT News]
[Reference] : http://english.etnews.com/electronics/2715655_1303.html
