default_top_notch
default_news_top
default_news_ad1
default_nd_ad1

State firms to spend over 30 tln won to nurture innovative growth

기사승인 2018.08.02  15:42:06

공유
default_news_ad2

State-led companies plan to spend over 30 trillion won (US$27 billion) in key leading sectors, such as autonomous driving, by 2022, thus creating an environment for private companies to seek innovative growth, the country's chief economic policymaker said Thursday.

"To boost innovative growth, state-run companies will play a vital role, and they will spearhead investment," Finance Minister Kim Dong-yeon said in an economy-related ministers meeting.

"The government will also expand support programs for startups and share public data with private companies for their business opportunities," he said.

The minister stressed that the private sector's role for innovative growth is very important.

"The government will continue efforts for deregulation as well," he said.

Innovative growth is one of the key economic goals sought after by the Moon Jae-in government, along with income-led growth.

Finance Minister Kim Dong-yeon (2nd from R) speaks at an economy-related ministers meeting in Seoul on Aug. 2, 2018. (Yonhap)

The government earlier unveiled a set of support measures to boost innovative growth by providing funding and other incentives to eight key sectors such as smart farms, smart cities, fintech, drones and electric vehicles and artificial intelligence.

The government said it will also take drastic measures to ease regulations that have been blocking new industries and technologies from moving forward.

The ministry said the government will launch a 2.6 trillion won investment fund for startups this year, the first portion of a proposed 10 trillion won investment fund that is to be created by 2020.

Under the comprehensive plan, the government will focus on expanding the money supply for fledgling enterprises and creating a venture-friendly environment.

The ministry said a total of 300,000 jobs will be newly created by 2022 under the support measures. (yonhap)

Sua Kim edt@koreapost.com

<저작권자 © 코리아포스트 무단전재 및 재배포금지>
default_news_ad5
default_side_ad1
default_nd_ad2

인기기사

default_side_ad2

포토

1 2 3
set_P1
default_side_ad3

섹션별 인기기사 및 최근기사

default_side_ad4
default_nd_ad6
default_news_bottom
default_nd_ad4
default_bottom
#top
default_bottom_notch