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South Korea's Public Growth Fund has approved a 750 billion won investment for the Shinanwooi Offshore Wind Farm, part of a larger initiative to attract 150 trillion won in high-tech investments over five years. The project, valued at 3.4 trillion won, aims to generate 390 MW of electricity, sufficient to power approximately 360,000 households, and is expected to enhance regional economic benefits through a 'wind income' model for local residents. Scheduled for commercial operation by early 2029, the project will also support future infrastructure developments, including a national AI computing center.