Menu Content
Go Top

Economy

Gov't to Offer 25.5 Tln Won in Policy Financing for 4 Cutting-Edge Strategic Industries

Written: 2024-12-20 17:58:18Updated: 2024-12-20 18:44:34

Gov't to Offer 25.5 Tln Won in Policy Financing for 4 Cutting-Edge Strategic Industries

Photo : YONHAP News

The government will offer policy financing worth 25-point-five trillion won, or around 17-point-six billion U.S. dollars, in the four major cutting-edge strategic industries of semiconductors, secondary battery, bio and display next year.

Presiding over a meeting of related officials on Friday, acting president Han Duck-soo pledged to secure competitiveness in the industries through various means, including finance, taxation, and infrastructure.

The promised injection is about 39 percent more than seven-point-one trillion won spent this year.

The government has also designated one cutting-edge strategic technology in both the robot and defense industry, which are set to be officially announced in January.

Han also promised to complete the establishment of a specialized complex for 12 cutting-edge industries, enact a special law to offer support for the semiconductor industry, and to support research and development.

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >