KIND

KIND Organizes Corporate Presentation on the ‘PIS Phase 2’ Fund

- Full-scale Financial Support for Korean Companies to Commence Upon Completion of Sub-Blind Fund Formation in August

- Introduction of PIS Fund Support Measures for Export-oriented Companies and One-on-One Investment Consultations

 The Korea Overseas Infrastructure & Urban Development Corporation (KIND, President: Kim Bok-hwan) held a corporate briefing (hereinafter referred to as the “Briefing”) on the 'Global Plant, Infrastructure, Smart City (PIS*) Phase 2 Fund' on Wednesday, September 17, for companies participating in the Global Infrastructure Cooperation Conference (GICC).
* Global Plant, Infrastructure, Smart City Fund

 The Briefing was organized to provide detailed explanations of PIS Phase 2 investment support measures following the establishment of a KRW 700 billion sub-blind* fund in August this year, targeting Korean companies engaged in overseas investment and development projects. In addition, one-on-one investment consultations were arranged between Korean companies and fund managers to officially commence efforts to identify new PIS fund investment projects.
* A structure where investors first commit capital to a fund of a certain size, after which specific projects are identified for investment.

 As the designated management institution for the PIS Phase 2 Fund, KIND established a parent fund in February this year, completed the formation of a sub-blind fund in August, and has also begun sequential formation of project funds with the aim of achieving the total PIS Phase 2 fund target of KRW 1.1 trillion*. Furthermore, in June, KIND successfully completed full investment of the KRW 1.5 trillion PIS Phase 1 Fund, thereby systematically creating and managing policy funds to support overseas investment and development projects.

* Total KRW 1.1 trillion: Parent Fund (KRW 440 billion, comprising KRW 110 billion from government finance and KRW 330 billion from public institutions) + KRW 660 billion from private investment.
 Sub-funds: KRW 700 billion sub-blind fund + KRW 400 billion project funds.

The event was attended by more than 100 participants, including representatives from the Ministry of Land, Infrastructure and Transport (MOLIT), businesses, and related organizations. Attendees noted that the Briefing provided an in-depth understanding of PIS fund financial support and created an opportunity to expand overseas investment and development projects. In particular, they expressed strong interest in the expanded scope of PIS Phase 2 compared to Phase 1 — including the relaxation of sector-specific investment limits across plant, infrastructure, and smart city projects, and the inclusion of equity acquisitions in ongoing projects in addition to financing new construction projects.

 President Kim Bok-hwan of KIND stated, “Through this PIS Phase 2 corporate briefing, we hope that many companies will be able to expand their overseas construction orders and investment development projects with the support of the PIS Fund.” He added, “Beyond the PIS Fund and the Green Fund, KIND will continue to expand the creation of diverse policy funds to further support the overseas orders and exports of Korean companies.”