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 Finance and Economy. Huh's remarks came after Korea unveiled plans earlier this year to launch a new sovereign wealth fund in 2027 to make continuous investments in cutting-edge and strategic industries. During one of the sessions at the finance ministerial meeting, Huh highlighted the importance of public funding and the mobilization of private capital in pursuing major projects in future growth industries. The senior policymaker said that the country plans to provide long-term patient capital, which refers to investment that does not require immediate returns, for digital infrastructure projects through the sovereign wealth fund. The new fund will also serve as an anchor investor to attract a