Korean Law in English
Laws › Framework Act on the Development of Artificial Intelligence and the Creation of a Foundation for Trust › CHAPTER V SUPPLEMENTARY PROVISIONS

Framework Act on the Development of Artificial Intelligence and the Creation of a Foundation for Trust — Article 37 (Expansion of financial resources for promotion of the artificial intelligence industry)

인공지능 발전과 신뢰 기반 조성 등에 관한 기본법 제37조

This English translation is based on the Korean text effective 2026-01-22. The Korean law has since been amended (current version effective 2026-07-21) — check the Korean original.

(1) The State shall prepare a plan to continuously and stably expand the necessary financial resources to effectively promote the master plan and the policy measures, etc. under this Act.

(2) The Minister of Science and ICT may, if necessary for the promotion of the artificial intelligence industry, recommend that a public institution provide necessary support for projects, etc. related to the promotion of the artificial intelligence industry.

(3) The State and local governments shall take necessary measures to enable the private sector, including enterprises, to actively invest in projects related to the promotion of the artificial intelligence industry.

(4) The State and local governments shall endeavor to efficiently execute investment resources, comprehensively considering the development stage, etc. of the artificial intelligence industry.

‹ Article 36All articlesArticle 38 ›

Korean original (law.go.kr) · Get articles as JSON via API

For AI agents and developers — get this article as JSON, with the English and current Korean effective dates and an outdated-translation flag, from the korea-law API or as an MCP tool: https://mcp.apify.com?tools=kr-data/korea-law