South Korea plans to enhance its new sovereign wealth fund by injecting cash from excess tax revenues generated by the booming semiconductor industry. Initially set to be capitalized at KRW 20 trillion through in-kind contributions, the fund will now include several trillion won in cash, raising its seed capital to nearly KRW 30 trillion (approximately USD 20 billion). This growth-oriented fund aims to invest in promising companies within Korea's strategic industries. The establishment bill for the fund is expected to be submitted to the National Assembly in June, with funding slated for inclusion in the 2027 budget proposal. The fund is designed to support medium- to long-term investments, reflecting South Korea's strategic focus on fostering growth in key sectors.