Saneun Provides First 15 Billion KRW Support to Nepes Arc Through 'Facility Investment Boom-up Program'

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[Asia Economy Reporter Kangwook Cho] On the 20th, the Korea Development Bank announced that it approved 15 billion KRW in facility funding for Nepes Arc, a domestic system semiconductor back-end process company, utilizing the ultra-low interest rate product "Facility Investment Boom-up Program" launched on the 10th.

This program was established to promote new investments by small and medium-sized enterprises and mid-sized companies in accordance with the 2020 economic policy direction announced by the government. By applying a groundbreaking minimum interest rate of 1.5%, it is expected to greatly contribute to revitalizing facility investment this year compared to existing loan products.

Nepes Arc is a system semiconductor test specialist company responsible for the back-end process in the system semiconductor business chain. It has been expanding its facilities to respond to the recently increasing demand for system semiconductor testing. This low-interest financial support has made stable facility investment possible.

In addition, the Korea Development Bank is currently consulting with many companies interested in ultra-low interest rate facility investments using this program and is reviewing support for about 7 to 8 companies, so the scale of support is expected to continue to increase in the future.

A Korea Development Bank official said, "Through this program, we will contribute not only to strengthening the competitiveness of the materials, parts, and equipment industry, which has become a national task since the Japanese export restrictions, but also to revitalizing the economy through the expansion of companies' facility investments."

This content was produced with the assistance of AI translation services.