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
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)
