The Ministry of Trade, Industry and Energy's supplementary budget for this year has been confirmed at 981.4 billion won. The Ministry plans to primarily support two areas: responding to trade risks and strengthening the competitiveness of advanced industries.
According to the Ministry on the 2nd, the National Assembly held a plenary session the previous day and passed the '2025 First Supplementary Budget' amounting to 13.8 trillion won. The Ministry's supplementary budget was confirmed at 981.4 billion won, covering 15 projects.
First, 670.4 billion won was allocated to respond to trade risks, including tariff response vouchers, trade insurance funds, and securing supply chain stability.
Specifically, an additional 88.8 billion won was allocated to support small and medium-sized enterprises (SMEs) exporting under the U.S. tariff measures with specialized package services and systematic consultations.
An additional 300 billion won in grants will support liquidity for SMEs and enhance support for overseas contracts of domestic companies in defense and shipbuilding sectors.
An additional 7.4 billion won will be injected to analyze foreign technology regulations, which are non-tariff barriers, and provide consulting to corporations. Furthermore, 1.9 billion won will be increased for trade infrastructure development and capability enhancement projects to swiftly and actively respond to the rapidly changing trade environment.
In response to the accelerating global supply chain restructuring, an additional 20 billion won has been allocated to support the return of domestic corporations that have ventured overseas. An additional 19.6 billion won was expanded to strengthen foreign investment attraction activities and support investments from foreign-invested enterprises. Moreover, 1 billion won will be expanded for research and development with global foreign-invested corporations possessing advanced and core technologies.
To proactively manage supply chain risks, 214.7 billion won will be increased for stockpiling critical minerals, essential materials for advanced industries, and an additional 1 billion won will be injected into joint public-private field surveys of critical minerals. Additionally, 16 billion won will be increased to support domestic production and diversification of supply sources for items with high overseas dependency.
Meanwhile, a total of 311 billion won was allocated to strengthen the competitiveness of advanced industries. An additional 117 billion won will support infrastructure development for power and water treatment at specialized clusters for advanced strategic industries such as semiconductors and secondary batteries. Notably, a new underground power line project has been initiated for the Yongin-Pyeongtaek semiconductor specialized cluster, with 62.6 billion won injected this year for timely supply of large-scale power needed for the semiconductor specialized cluster.
To assist fabless corporations struggling with the financial burden of purchasing equipment for validating system semiconductors, 2.3 billion won has been increased for additional purchases of this equipment, which will be used collaboratively by the corporations.
An additional 1 billion won will be injected to expand the Semiconductor Academy, a training center, to regions outside the capital area, addressing the workforce shortage in the semiconductor sector.
To support investments in the locations and facilities of small and medium-sized enterprises in the advanced strategic industry sector, 70 billion won has been secured, and an additional 2 billion won has been allocated for a business to promote the distribution of eco-friendly vehicles, supporting parts manufacturers.
561 million won has been allocated to the industrial complex environmental creation project to create a youth-friendly environment to attract young workers into the industrial complex. Further, a leading model for carbon neutrality in old industrial complexes is being pursued.
The Ministry stated, 'We plan to expedite the execution of this supplementary budget to maximize its effectiveness and will do our best in management.'