SEOUL, Jan 8 (Reuters) - South Korea's finance minister said on Monday the government will expand the size of a market stabilizing fund from the current 85 trillion won ($64.74 billion) if needed as risks related to builder Taeyoung Engineering & Construction can increase.

Choi Sang-mok, speaking at a policy meeting with central bank governor and financial regulators, asked cash-strapped Taeyoung to work out debt restructuring plans with creditors. ($1 = 1,312.9500 won) (Reporting by Cynthia Kim; Editing by Kim Coghill)