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S. Korea to Invest 2.2 Tln Won in Advanced Factory Clusters Through 2028

S. Korea to Invest 2.2 Tln Won in Advanced Factory Clusters Through 2028

SEJONG, Sept. 18 (Korea Bizwire) — South Korea plans to invest around 2.2 trillion won (US$1.65 billion) through 2028 to establish industrial clusters for cutting-edge technologies, the finance ministry said Monday. The country will initially allocate 400 billion won in 2024 for industrial zones specialized in strategic and medical industries, according to the Ministry of [...]