Core Points - The South Korean government plans to increase state-supported overseas infrastructure funds to enhance the financing capabilities of Korean builders in securing global large-scale construction and development projects [1][2] - The initiative aims to help Korean companies move beyond traditional Engineering, Procurement, and Construction (EPC) contracts by combining engineering expertise with long-term financing to compete as large developers [1][2] - The government will significantly increase the overseas infrastructure investment fund, including corporate matching funds operated by the Korea Infrastructure and Urban Development Corporation (KIND) [1][2][3] Investment Structure - These funds will allow KIND and private enterprises to co-invest in overseas projects on a 50:50 basis [3] - The government also plans to establish a joint fund with the Korea Export-Import Bank and promote cooperative financing to strengthen collaboration with global development firms and multilateral development banks (MDBs) [3] Regulatory Modernization - To modernize the regulatory framework of the infrastructure industry, the government will revise the Overseas Construction Promotion Act established in 1975 [4]