Government Launches Inter-Ministerial Consultative Body to Identify Investment Targets for 150 Trillion Won National Growth Fund

Financial Services Commission Holds Briefing on Growth Company Discovery Consultative Body with Relevant Ministries

The government has officially launched an inter-ministerial consultative body to identify promising growth companies that could become investment targets for the National Growth Fund, which has a total scale of 150 trillion won.

At the 'National Growth Fund Strategy Committee Meeting' held last December at the Industrial Bank of Korea in Yeouido, Seoul, key attendees including Eun Okwon, Chairman of the Financial Services Commission, Seo Jungjin, Chairman of Celltrion, and Park Hyunjoo, Chairman of Mirae Asset, are performing a commemorative launch ceremony. 2025.12.11 Photo by Dongjoo Yoon

According to the Financial Services Commission on May 12, a briefing session to announce the official operation of the Growth Company Discovery Consultative Body (the consultative body) was held on the 11th, chaired by Son Youngchae, Head of the National Growth Fund Promotion Team.

The consultative body will be operated with the core goal of mitigating the concentration of investments in specific sectors or companies and ensuring the efficient allocation of limited resources. In particular, investment targets will be intensively identified among companies that have been nurtured and funded for years by each ministry for their key policy initiatives.

First, relevant ministries such as the Ministry of Trade, Industry and Energy, the Ministry of Science and ICT, and the Ministry of Health and Welfare, as well as financial institutions, will recommend promising companies required for their core policy implementation to the National Growth Fund Promotion Team of the Financial Services Commission. Then, a joint review will be conducted by related ministries, the recommending organizations, and the Industrial Bank of Korea for each industry sector.

The Financial Services Commission plans to establish preliminary selection criteria by industry sector and select promising companies to propose to the Industrial Bank of Korea. When screening these companies, the evaluation will be conducted according to detailed criteria tailored to each industry sector, based on factors such as the ripple effect on the ecosystem and growth potential.

Son Youngchae, Head of the National Growth Fund Promotion Team, stated, "The consultative body will serve as an antenna to proactively identify investment targets for the National Growth Fund," and added, "By combining each ministry's industrial network with the investment capacity of the National Growth Fund, we will comprehensively review policy funds operated by each ministry, the scale of national research and development (R&D) projects, and focus consultations on investment cases of sufficient scale necessary for the scaling up of promising companies."

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