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  • Request for lowering the net increase in factory facilities requirement for recognition of expansion
    • 담당부서 : 외투기업고충처리실
    • 조회수 : 225
  • Organization : Ministry of Trade, Industry and Energy
  • Regulation : Operation Guidelines for the Cash Grant System
Grievance

(Background and grievance)

As the current cash grant system was limited to net increase in factory area, the number of employees, etc., vertical extension of the existing facilities or adding equipment was not subject to the cash grant. 

There was a request to include investment in facilities without net increase in the subject of cash grant if the investment had Economic Value Added(EVA) and investment effect. 

Resoultion and Results

(Resolution)

OFIO requested to include investment in facilities without net increase in the subject of cash grant if the investment had EVA and investment effect. 


(Result)

「Operation Guidelines for the Cash Grant System Article 3-1 ③」 was amended to alleviate expansion investment requirement (Apr. 2023.)