South Korea’s four policy financial institutions, including the Korea Development Bank (KDB), will supply a record 247 trillion won ($169.2 billion) in policy funds in 2025.

The lion’s share of 136 trillion won will be injected to nurture the country’s top five strategic sectors such as semiconductors.

The Financial Services Commission announced on Wednesday that the policy financing supply measures for next year were confirmed in a meeting held on Tuesday.

KDB, Industrial Bank of Korea (IBK), Korea Credit Guarantee Fund, and Korea Technology Finance Corp. will provide 247.5 trillion won in policy financing in 2025, up 2.9 percent from this year.

The government plans to allocate 136 trillion won to five key strategic sectors, including advanced strategic industries such as chips and bio and promising industries such as aerospace and solar energy.

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