The Heavy Industries

Robert Castley
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Robert Castley: University of Manchester

Chapter 9 in Korea’s Economic Miracle, 1997, pp 252-290 from Palgrave Macmillan

Abstract: Abstract The government’s Second Five-Year Plan (1967–71) adopted legislation which provided incentives for many manufacturing enterprises to move into heavy industries (see Box 9.1). Such industries were designated as ‘strategic’ which entitled them to government assistance in the form of industrial sites, foreign capital at low interest rates, financial aid for the purchase of raw materials and discounts on the use of railways, ports, gas and electricity supplies.1

Keywords: Foreign Investment; Joint Venturis; Foreign Firm; Heavy Industry; Japanese Firm (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1007/978-1-349-25833-8_10

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