S. Korea, U.S. open shipbuilding partnership center to advance MASGA project
South Korea and the United States have opened the Korea-U.S. Shipbuilding Partnership Center to facilitate $150 billion in investment under the bilateral MASGA initiative. The center aims to help revive the U.S. shipbuilding industry and demonstrates South Korea's commitment to cooperation in the sector. The initiative is part of a larger $350 billion investment commitment to the U.S. and includes plans for joint technology development and workforce training.
- ▪The Korea-U.S. Shipbuilding Partnership Center was established to facilitate $150 billion in investment under the MASGA initiative.
- ▪The center will help implement planned shipbuilding investments in the U.S. and promote the shared growth of the South Korea-U.S. shipbuilding industry.
- ▪The initiative includes plans for joint technology development, workforce training, and supply chain cooperation between South Korean and U.S. companies.
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Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. OK S. Korea, U.S. open shipbuilding partnership center to advance MASGA project Choi Kyong-ae All News 23:00 July 23, 2026 This will let Google show Yonhap news articles that match or are related to your search Add Yonhap as a preferred source on Google SHARE Facebook X Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. LIKE SAVE PRINT FONT SIZE ABCDEFG ABCDEFG ABCDEFG ABCDEFG ABCDEFG SEOUL, July 23 (Yonhap) -- South Korea and the United States have opened the Korea-U.S. Shipbuilding Partnership Center (KUSPC) in Washington to facilitate US$150 billion in investment under the bilateral "MASGA" initiative aimed at helping revive the U.S.
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