South Korea has established an inter-ministerial Youth Policy Council to coordinate youth-related policies.
The council aims to address youth employment, education, housing, and financial support through cross-government collaboration.
The first meeting was held on June 6, 2024, with quarterly sessions planned.
South Korea has introduced a one-stop support system for victims of illegal private lending.
This policy streamlines victim reporting and integrates legal, financial, and recovery services.
The new system launches in early 2024, with expanded support and lower interest rates.
South Korea is implementing a comprehensive regional community recovery policy for 2026.
Key changes include expanded job incentives, increased cultural access, and targeted rural support.
The policy is rolling out in 2026 with multi-agency collaboration and new funding measures.
South Korea is launching new urban regeneration projects in 2024 to revitalize declining local cities.
The policy increases local government autonomy and funding for housing, commerce, and public amenities.
Project selection and implementation will occur in the first half of 2024, with details announced from March to June.
South Korea has approved a large-scale road improvement plan for six major metropolitan cities.
The initiative will invest 1.17 trillion KRW in 21 projects to ease chronic traffic congestion.
Implementation is set for the next five years, starting in 2024.
Korea’s Ministry of Trade, Industry and Energy is investing 4,645 billion KRW in automotive R&D and infrastructure in 2024.
The initiative targets autonomous, electric, and hydrogen vehicle technologies, supporting 44 new projects and regional business growth.
Funding and project details are available from June 6, 2024, with implementation underway.