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New Growth Industry Finance

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New Growth Industry Finance is provided to support new growth engine sectors anticipated to drive the Korean economy over the next 5 to 10 years. New growth engine sectors include state-of-the-art convergence industries such as robots and biosimilars; the IT and cultural contents industries such as games, software, films, and TV dramas; defense and high-speed train industries, etc.

Types of Financing

  • New growth industries can be financed through Export Credits, Overseas Business Credits, Import Credits, and Guarantees.
  • Facility for Completion of Cultural Contents: loans for cultural contents such as TV shows, movies, games, animation, etc. provided by Korea Eximbank in conjunction with the Ministry of Culture, Sports, and Tourism (MCST) and the Korea Creative Content Agency (kocca).

Eligible Sectors

New growth engine industries, announced by the government

Terms & Conditions

Terms & Conditions
  Eligible Sectors
State-of-the-art Convergence Industries Media Convergence, IT Convergence Systems, Robot Applications, New Materials, Nano Convergence, Biomedicine, Medical Equipment, High Value-added Foods
High Value-added Industries Global Healthcare, Global Education Services, Green Financing, Software, MICE*, Tourism
Knowledge Industries Telecommunications, Computers, Programming, System Integration and Management, Information Services, R&D, Building Technology, Engineering and Scientific Technology Services, Hospitals and Clinics
Cultural Contents Industries Films, Videos, Music, Games, Publication, Broadcasting, Cultural Property, Characters, Animation, Design, Advertising, Performances, Art Work, Traditional Crafts, Multimedia Contents
Intangible Assets & Service Transfer of Patents, Utility Model Rights, Design Rights, Trademark Rights, Copyrights
Defense
  • Guns and Artillery, Fire Power Machinery
  • Precision Guided Weapon, Aircraft, Vessel, Ammunition
  • Tanks, Armored Vehicles
  • Radar, Communication, Electronic Systems
  • Night Vision, Optical and Thermal Instruments
  • Military Engineering Machinery, CBR(Chemical, Biological, and Radiological)Equipments
  • Command and Control Systems
  • Any Other Equipments Categorized under a Weapon System(Defense Acquisition Program Administration)
Others High-Speed Trains

* MICE : Meetings, Incentives, Conventions, and Events

Contact Information

IT & Cultural Contents Team
+82-2-3779-5264, 5265, 5268, 5269
Defense Industries Team
+82-2-3779-5263, 5266, 5267

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