Make American Shipbuilding Great Again (MASGA) Project
Sector: Government • Location: United States
Source: The Korea Herald
The MASGA project is a $150 billion fund pledged by the Korean government to support shipbuilding investments in the US. It aims to revive the US shipbuilding sector by setting up new shipyards, nurturing shipbuilding talent, reestablishing supply chains, and conducting maintenance, repair, and overhaul (MRO). Korean shipbuilders like Hanwha and HD Hyundai are involved in expanding their presence
- Status
- Prospective
- Sector
- Government, Commercial
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- The Korea Herald
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The MASGA project is a $150 billion fund pledged by the Korean government to support shipbuilding investments in the US. It aims to revive the US shipbuilding sector by setting up new shipyards, nurturing shipbuilding talent, reestablishing supply chains, and conducting maintenance, repair, and overhaul (MRO). Korean shipbuilders like Hanwha and HD Hyundai are involved in expanding their presence in the US naval and commercial shipbuilding markets through this cooperation. |
Original sector | Shipbuilding |
Budget |
Location
Country | United States of America (USA) |
Source
Source | The Korea Herald |
URL |
More Details
Record type | Project |
Sector | Government, Commercial |
Article published date | 2025-09-16 |
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