Ministry of Trade, Industry and Energy (Korea) logo
Funder · Federal agency

Ministry of Trade, Industry and Energy (Korea)

Funds Korea's trade and energy transition goals through industrial policy, technology development, and export competitiveness programs.

Annual funding₩5500B
Programs4
Active grants1
Total grants2

The Ministry of Trade, Industry and Energy (MOTIE) is Korea's principal economic ministry, covering industrial development, trade promotion, international economic cooperation, energy and resources policy, FDI attraction, and advanced-industry R&D. The 2026 plan committed KRW 5.5 trillion to industrial R&D, an 18% increase year on year, and the ministry now brands itself as MOTIR while the record

Last verified: 29 May 2026Source: english.motie.go.kr