President Moon Jae-in has unveiled a plan to spend nearly one-point-three trillion won to increase the number of smart factories to 30-thousand by 2022.

He reviewed government strategies for upgrading small and middle-sized businesses in South Gyeongsang Thursday, saying smart factories are a key to reinventing the nation's manufacturing industry. 
 
He added that the government will designate two smart industrial complexes next year with a plan to increase the number to ten by 2022.