Government to Provide Total of KRW 71.8 Billion to Build Smart Factories in Second Half of 2022
- Division
- Spokesperson's Office
- Date
- 2022.07.01
- Writer
- Foreign Spokesman
- Headline
- Government to Provide Total of KRW 71.8 Billion to Build Smart Factories in Second Half of 2022
-Second Announcement for the “Smart Factory Building and Expansion Support Project” (June 29 – July 28)-
□ Project to support a total of 850 companies to build and make advancements to their respective smart factories (Amount depending on level of smart factories, with Basic level factories receiving up to KRW 50 mil. and Advanced-1 level factories receiving up to KRW 200 mil.)
□ The “K-Smart Lighthouse Factories” to receive applications for four factories (Total of KRW 1.6 bil.) to support factories for up to three years with KRW 400 mil. per year
Please see the attached for more information