Strengthens oversight over investments involving National Core Technologies
22 Jul 2025
On 22 July 2025, amendments to the Act and the Decree on the Prevention of Divulgence and Protection of Industrial Technology entered into force, enhancing oversight of transactions involving entities holding National Core Technologies (NCTs). NCTs refer to protected technologies whose leakage abroad is expected to cause serious harm to national security or industrial competitiveness. They include specific technologies relevant to the following industries: Semiconductors, Displays, Electrical and Electronics, Automobiles and railways, Metal, Ship-building, Nuclear power, Information and Communication, Space, Biotechnology, Machines, Robots and Hydrogen.
The amendments authorize the Ministry of Trade, Industry and Energy (MOTIE) to intervene when acquisitions occur without prior approval or reporting and to issue suspension or restoration orders as well as administrative enforcement fines. They also introduce ex officio reviews, allowing MOTIE to determine a company’s NCT status without a prior application.
Nature of measure:
Type:
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Entry and establishment (Approval and admission - screening)
Industry:
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Manufacturing (Manufacture of coke and refined petroleum products, Manufacture of fabricated metal products, except machinery and equipment, Manufacture of computer, electronic and optical products, and electrical equipment, Manufacture of machinery and equipment n.e.c., Manufacture of transport equipment)
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Services (Electricity, gas, steam and air conditioning supply, Scientific research and development)
Inward FDI:
Yes
Outward FDI:
No
Sources:
