South Korea is launching new policies to support foreign-invested companies and regional growth.
The initiative aims to increase youth employment and attract major foreign investment projects.
The policy was announced at a high-level meeting on January 28, 2026.
The Public Procurement Service (PPS) has finalized its 2026 support plan to help Korean companies enter overseas procurement markets.
The overseas procurement market is valued at about KRW 2,700 trillion, with a focus on supporting innovative, technology-advanced, and G-PASS companies.
Efforts include expanding entry into international organization markets and strengthening export competitiveness through cross-ministerial cooperation.
The Ministry of Health and Welfare discussed preparations for the barrier-free kiosk mandate and nationwide integrated care rollout at the 2026 Central-Local Cooperation Meeting.
From January 28, most businesses must install barrier-free kiosks, and integrated medical, nursing, and care services will be available nationwide from March 27.
The government and local authorities are strengthening education and promotion to ensure smooth implementation and early stabilization of these policies.
The government and autonomous technology companies met to discuss ways to enhance industry competitiveness while ensuring privacy protection.
On January 23, a roundtable at Hyundai Motorstudio included six companies such as Hyundai Motor Company.
Participants welcomed regulatory sandbox policies and called for faster support amid global AI competition.
The Ministry of Science and ICT (MSIT) is boosting its 2024 budget for public research commercialization and academia-industry cooperation to 487.93 billion KRW, an 88.7% increase from last year.
Key programs such as support for public research commercialization and startup assistance, as well as academia-industry cooperation, will receive 93.05 billion KRW and 56.93 billion KRW respectively.
With new project announcements and diversified support, the spread of research results to the market and technology commercialization are expected to accelerate.
The Ministry of Culture, Sports and Tourism is creating a 731.8 billion KRW content policy fund to accelerate the K-Culture 300 trillion KRW era.
This is the largest fund ever, up 22% from last year, including 650 billion KRW for culture and 81.8 billion KRW for film across five sub-funds.
By expanding incentives for private investors and focusing on new growth areas, the initiative aims to ensure stable growth and global competitiveness for Korea’s content industry.