Market Chatter: South Korea to Invest KRW414.2 Billion in Advanced Industrial Technologies by 2031

MT Newswires Live

2025/02/13

South Korea will invest 414.2 billion won by 2031 to develop advanced technologies for future industries, Yonhap News reported Wednesday, citing the Ministry of Trade, Industry and Energy.

The initiative, launched in 2022, aims to drive new technology across sectors. This year, the government added three new focus areas - energy transmission beyond space-time limits, advanced cybersecurity, and neuro-AI fusion - to enhance human capabilities, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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