Arts Council Korea (ARKO), chaired by Beom-heon Lee, has announced a record 93.9 billion won ($93.9 billion won) allocation for its 2027 competitive grant programs under the Arts Promotion Fund. The figure represents an increase of approximately 33.7 billion won, or 56%, from this year's 60.3 billion won. The funding covers six broad areas: entry into the professional arts sector, literature, visual arts, interdisciplinary arts, performing arts and international exchange.
South Korea’s Arts Council Unveils Record $93.9 Billion-Won Funding Plan to Strengthen the Foundations of K-Culture
News Culture, 12 October 2026, Korea, Rep
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