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Pres. Kim pledges 10 trillion won for IT industries

Written: 2001-11-30 00:00:00Updated: 0000-00-00 00:00:00

The government is offering a helping hand to boost the nation's knowledge-based industries. President Kim Dae-jung pledged to inject ten trillion won or almost eight billion U.S. dollars by two thousand five ... to develop information and environment technologies and cultural contents. The president spoke at a Trade Day ceremony held at a convention center in southern Seoul Friday. The government aims to use the fund to raise the level of domestically produced parts in I-T products up to 80 percent over the next five years.

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