S. Korea to Invest 160 tln Won in ‘New Deal’ Projects, Create 1.9 mln Jobs

SEJONG, July 14 (Korea Bizwire) — South Korea will invest 160 trillion won (US$133 billion) by 2025 under its bold stimulus step, the “Korean New Deal,” projects that will help create 1.9 million jobs and kick-start the coronavirus-hit economy, Finance Minister Hong Nam-ki said Tuesday. Hong unveiled what the government calls “Digital and Green New [...]