The government will increase the scale of loans for semiconductor facility investment support from the current 4.25 trillion won to 7.65 trillion won, an increase of 3.4 trillion won. Additionally, it will create a fund of 1 trillion won for facility investments in advanced industries other than semiconductors, supporting low-interest loans at around 2%.
A special program of 6 trillion won for crisis response will be established to provide low-interest loans and consulting support for small and medium-sized enterprises.
The government decided on the policy financing support plan for responding to trade risks during the economic ministers' meeting and industrial competitiveness enhancement meeting on the 21st.
Based on the additional fund of 28.6 trillion won prepared through the supplementary budget, the government plans to develop specific additional financial support measures and supply them promptly.
The government will first provide 16.3 trillion won in crisis recovery funds to companies affected by tariffs. This includes 6 trillion won from the special program for crisis response, 3.4 trillion won in low-interest loans, and 6.9 trillion won for guarantees and insurance.
The Industrial Bank will initially supply 3 trillion won in low-interest operating funds at just over 3%. The Small and Medium Enterprises Administration plans to lend 1 billion won from the 4 billion won prepared through the supplementary budget as "emergency funds for responding to trade risks" at an interest rate of 2.85%. Additionally, emergency management stabilization funds of around 3 billion won will be supported by adding only 0.5 percentage points to the policy fund's standard interest rate.
A new "crisis recovery special guarantee" of 4.5 trillion won will be established in credit and technology guarantees, while 2.4 trillion won will be directed toward special support for trade insurance for small and medium-sized enterprises by the Korea Trade Insurance Corporation.
A loan program of 7.4 trillion won will also be operated to support corporations in diversifying their markets. Particularly, in order to foster promising export industries, an additional RG special guarantee of 250 billion won for small and medium-sized shipyards and an export guarantee of 3 trillion won for defense exports, including to Poland, will be provided.
4.9 trillion won will be supplied for investments in advanced industry facilities and restructuring of key industries. The scale of support for semiconductor facility investments will be increased by 3.4 trillion won, and support for low-interest investments in advanced industries other than semiconductors will also be newly established at 1 trillion won.
A government official noted, "To ensure swift execution, we will promote industry briefings and joint publicity with relevant agencies and will actively support supply by assisting financial institutions' exemptions if necessary," adding, "We will continue to identify and supplement additional support measures."