{
  "id": 15861149,
  "title": "Seoul eyes long-term digital infrastructure projects via sovereign wealth fund",
  "url": "https://urgent.news/2026/10/21/seoul-eyes-long-term-digital-infrastructure-projects-via-sovereign-15861149",
  "topic": "world",
  "section": "World",
  "published": "2026-10-21T08:12:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/southkorea/20261021/seoul-eyes-long-term-digital-infrastructure-projects-via-sovereign-wealth-fund"
  },
  "original_language": "en",
  "account": "Seoul aims to finance long-term digital infrastructure initiatives via a planned sovereign wealth fund, stated the second vice finance minister. Huh Chang made this announcement at the Asia-Pacific Economic Cooperation (APEC) Finance Ministers Meeting in Hong Kong, which took place from Tuesday to Wednesday. This proposal followed Korea's announcement earlier this year to establish a new sovereign wealth fund in 2027, with the intention of making continuous investments in innovative and strategic sectors. During a session at the finance ministerial meeting, Huh emphasized the significance of public funding and the integration of private capital in supporting major projects in emerging growth industries. He clarified that the country intends to provide long-term patient capital, which entails investments that do not necessitate immediate returns, for digital infrastructure projects through the sovereign wealth fund. Additionally, the new fund will function as an anchor investor to draw in additional investments.",
  "summary": "SEJONG — Korea plans to provide patient capital for long-term digital infrastructure projects through the country's planned sovereign wealth fund, the second vice finance minister has said. Second Vice Finance Minister Huh Chang outlined the plan during the Asia-Pacific Economic Cooperation (APEC) Finance Ministers' Meeting held in Hong Kong from Tuesday to Wednesday, according to the Ministry of…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Seoul eyes long-term digital infrastructure projects via sovereign wealth fund",
        "url": "https://urgent.news/2026/10/21/seoul-eyes-long-term-digital-infrastructure-projects-via-sovereign",
        "published": "2026-10-21T07:27:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}