Government, 2,000pursues investment in the United States and presents principal-and-interest recovery conditions
The government has 2,000prepared a plan to pursue investment in the United States. It has presented full recovery of principal and interest in all projects as the standard for assessing commercial viability, with SMRs and shipbuilding mentioned as priority candidates.
The government is preparing a plan to pursue investment in the United States worth 2,000The government said it had established criteria for assessing commercial rationality before executing the investment. The key criterion is whether principal and interest can be recovered in full.
The commercial viability criteria assess profitability and risk for each investment to determine whether principal and interest can be recovered. The government has established a policy of excluding projects expected to run deficits from the priority list. These criteria are linked to the conditions for public fund participation.
SMRs (small modular reactors) and shipbuilding are being cited as initial candidates for review. Government officials are examining technical feasibility and the possibility of concluding contracts. Securing related infrastructure and supply chains has been presented as an important consideration.
A framework for the Southeast Region Investment Corporation is also being prepared as part of plans for an institution dedicated to regional investment. Financial authorities are designing fund disbursement methods through a region-based investment channel. The institution is premised on a division of roles between the public and private sectors.
Regarding domestic companies, Doosan Tesna has been assessed as entering a phase of full-fledged structural growth. The possibility has been raised that Doosan Group’s nuclear power and energy-related businesses could be linked to candidates for investment in the United States. Companies are working to supplement their business plans to reflect government criteria.
The government is continuing additional reviews to finalize detailed operating guidelines and determine investment targets. Consultations between relevant ministries and financial institutions are under way. The timing of investment disbursement will be announced after the detailed guidelines are finalized.