Support targets

Corporations and individual businesses engaged in the development business of overseas forestry resources (including survey business of overseas forestry),
which is stipulated as one of the purposes of business in their articles of association or copies of the registry book of corporation, and corporations and individual businesses that secured business partners for the development business of overseas forestry resources (afforestation, processing, short-term forest products)

Notification period

Occasional reception / Additional notification when there is remaining budget

Support details

Support details

Support scale	Details	Support rate
Annual budget	Financial support for overseas forest resources development projects and pre-survey on environments	70% for pre-survey expenses (60% support for those already applied before)

Support limit

• 

  Forestation project

  KRW 35 million

• 

  Lumber processing facilities

  KRW 25 million

• 

  Short-term forest products

  KRW 20 million

Support procedures