South Korea is preparing to take a more direct financial stake in the industries it wants to build. The country’s “Economic Growth Strategy for the Second Half of 2026” further solidifies the shift toward a state-led investment framework that will use public funds, tax incentives and equity financing — where the government receives an ownership stake rather than simply providing grants — to steer capital into strategic industries.

This move places greater weight on the government’s ability to select projects, manage risk and protect commercial discipline.

The strategy links several initiatives that had previously appeared as separate policies,