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S. Korea to Invest 73.4 tln in Green Projects as Part of ‘New Deal’ Scheme

S. Korea to Invest 73.4 tln in Green Projects as Part of ‘New Deal’ Scheme

SEOUL, July 16 (Korea Bizwire) — South Korea said Thursday it will spend 73.4 trillion won (US$60 billion) in the energy segment in line with its ambitious “New Deal” plan meant to transform the nation’s fossil fuel-reliant economy into an eco-friendly one. The projects could create around 659,000 jobs and help the country overcome the [...]