National Growth Fund Approves Four Projects Including Haenam Solar Power

[Economy 365]

The deliberation committee for the National Growth Fund has approved financial support for four projects in the solar power, semiconductor, and biotechnology sectors.

The Advanced Strategic Industry Fund will provide a 100 billion won loan for a project to build South Korea's largest 400-megawatt solar power plant in Haenam, South Jeolla Province.

Support will also include 140 billion won for PSK to expand its semiconductor equipment facilities, 170 billion won for GC Biopharma to develop next-generation blood products, and 50 billion won for Hana Micron for its semiconductor testing plant.

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