Gyeonggi Province to Recruit 600 Companies for Trade Crisis Response Package, Offering Additional Support for Middle East Exporters
Createdd 2026-03-15 Hit 0
Contents
○ Phased, tailored support for at-risk industries, including automotive, semiconductors, and steel
○ All-in-one support of up to KRW 50 million per company, covering consulting, exhibitions, certifications, and logistics
○ Increased limits and additional logistics support for the Middle East in response to worsening regional conditions
Gyeonggi Province is accepting applications from March 16 to April 6 for the “Gyeonggi Trade Crisis Response Package Support Project,” aimed at minimizing damage to export-oriented small and medium-sized enterprises (SMEs) amid external trade risks.
The project is an integrated support program implemented by the Gyeonggido Business & Science Accelerator (GBSA) designed to assist export SMEs facing difficulties due to rapidly shifting global trade conditions. Amid growing uncertainty in the export environment driven by U.S. tariff measures and deteriorating conditions in the Middle East, the program provides comprehensive support across the entire export process—from market research and consulting to overseas marketing and logistics. Most notably, this year, Middle East exporters are eligible for logistical support and increased funding in an effort to help the companies respond to regional instability. The total project budget amounts to KRW 5 billion, with approximately 600 export SMEs in the province expected to benefit.
Eligible applicants are SMEs with headquarters or manufacturing facilities located in Gyeonggi Province, operating in industries vulnerable to trade disruptions, including beauty, food, automotive, semiconductors, pharmaceuticals, medical devices, steel, aluminum, and copper. Participants may apply for a package of up to six support categories, including export consulting, participation in overseas exhibitions, overseas marketing, international certifications and patents, and logistics costs. Each company may receive up to KRW 50 million. For logistics support, general exports are eligible for up to KRW 5 million, while exports to the Middle East are eligible for up to KRW 7 million.
Applications can be submitted via the Gyeonggi Enterprise Portal, where applicants may select multiple desired sub-programs. Companies will be selected through a comprehensive assessment conducted by experts, weighing quantitative factors such as location and export readiness, as well as qualitative factors including the need for support and the severity of the crisis.
Through this initiative, Gyeonggi Province expects to support the recovery of export performance among local companies and enhance their competitiveness in the global market. As Gyeonggi Province accounts for more than 40% of the country’s exports in trade-affected industries, the initiative is also anticipated to become a catalyst for regional economic stability.
Further details are available on the GBSA website and the Gyeonggi Enterprise Portal (www.egbiz.or.kr).
Park Kyung-seo, Director of the International Trade Division at Gyeonggi Province, stated, “Export companies are struggling even more due to the deteriorating Middle East situation and shifts in global supply chains,” adding, “Accordingly, Gyeonggi Province will move swiftly to implement step-by-step customized support and respond promptly to changes in the trade environment to serve as a strong and reliable partner for our export businesses.”













