Finance Commissioner Eun Seong-soo said, “The New Deal Fund will be a key welcome in creating food for the future of our economy.”
On the 11th, Chairman Eun visited the No. 1 investment company of the policy-type New Deal Fund and held a meeting with industry and financial officials, and said, “I hope this investment, the first button of the policy-type New Deal Fund, will become a successful example of New Deal Investment. “We will make substantial investments along with the speedy promotion of the New Deal Fund,” he said.
He added, “We will try to promote investment in the New Deal infrastructure,” he said. “The government plans to provide various support such as policy financing guarantees when the infrastructure fund makes loans and investments in private projects, as well as sharing the investment risk.” Emphasized.
‘New Lake Alliance’, one of the fund managers of the policy-type New Deal Fund, formed the first fund worth 42 billion won in the middle of last month. The fund invested 59 billion won in a special purpose corporation (SPC) along with a strategic investor (17 billion won).
On the 26th of last month, SPC confirmed the execution of investments in Biocore (42 billion won) and Envitz Healthcare (17 billion won), which focus on medical and pharmaceutical research and development. Envitz Healthcare is the largest shareholder of Biocore. These companies plan to use the amount invested to build a smart healthcare business.
“The future of the smart healthcare industry is very bright as the health management paradigm is shifting from disease treatment to prevention and management,” said Kang Kyung-sung, head of the industrial policy department of the Ministry of Trade, Industry and Energy. “We will actively support the creation of the healthcare industry ecosystem and revitalization of private investment through (genetic big data, etc.) and data standardization (medical and health data, etc.).”