metaqsol The government has added four tasks to the super-innovation economy project: superconductors, K-bio, K-digital healthcare, and K-content.
The Ministry of Economy and Finance announced the fourth implementation plan at the Industrial Competitiveness Enhancement Ministers’ Meeting on the 16th.
With this announcement, all 20 tasks of the 15 leading super-innovation economy projects have been confirmed.
The government plans to invest 4.5 trillion won by 2030 to expand overseas public-supported logistics centers to 40 locations.
The Ministry of Oceans and Fisheries announced the ‘Global Logistics Supply Chain Hub Strategy’ and plans to strengthen the functions and roles of port and maritime promotion corporations.
The Ministry will prioritize investment in storage and handling facilities such as warehouses and container yards in key overseas logistics hub countries.
Starting at midnight on the 18th, the toll for Incheon Bridge will be reduced by 63%.
The Ministry of Land, Infrastructure and Transport has signed an agreement with Incheon Bridge Co. to lower the toll.
This reduction is expected to save commuters 1.72 million won annually.
The government plans to operate the National Growth Fund, investing 150 trillion won in advanced industries over the next five years.
Next year, more than 30 trillion won will be managed to support venture innovation companies related to advanced strategic industries and ecosystems.
Announced at the Industrial Competitiveness Enhancement Ministers’ Meeting, this plan will also provide over 10 trillion won annually to small and medium-sized enterprises.
South Korea and the UK have concluded negotiations to improve their Free Trade Agreement (FTA).
The agreement includes easing origin rules for key exports like automobiles and K-food, and opening up the UK’s high-speed rail and major service markets.
The negotiations are expected to expand trade and cooperation between the two countries.
The Ministry of Climate, Energy, and Environment plans to distribute 3.5 million heat pumps by 2035 to reduce greenhouse gas emissions by 5.18 million tons.
Priority will be given to areas without city gas, social welfare facilities, and facility-based farms.
Heat pumps are eco-friendly devices that can replace fossil fuel heating, and the ministry will support the development of various types of heat pumps.