Seoul, April 28 (IANS) The industry ministry here said on Tuesday it will provide a combined 300 billion won ($203.6 million) in support for projects aimed at facilitating the artificial intelligence (AI) and green transformation of industrial complexes.The support will be offered over the next three to four years for nine projects aimed at creating the so-called smart and green industrial complexes, according to the Ministry of Trade, Industry and Resources. The ministry will first invest a com…
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Seoul, April 24 (IANS) The government will designate 10 cities to serve as major hubs for startup ecosystems by next year in a bid to promote balanced regional growth and create more jobs for young people, the finance ministry here said on Friday.It will first designate four cities that house the country’s major science institutes — Daejeon, Daegu, Gwangju and UIsan — as startup hubs this year, and name six more cities outside of the greater Seoul area with such potential next year, according …
Seoul, April 24 (IANS) The South Korean government will designate 10 cities to serve as major hubs for startup ecosystems by next year in a bid to promote balanced regional growth and create more jobs for young people, the finance ministry said on Friday. It will first designate four cities that house the country’s major science institutes — Daejeon, Daegu, Gwangju and UIsan — as startup hubs this year, and name six more cities outside of the greater Seoul area with such potential next year, a…
Seoul, Jan 23 (IANS) South Korean President Lee Jae Myung said Friday that public support is crucial for the government’s push for balanced regional growth, as it seeks to ease excessive concentration in the Seoul metropolitan area and foster new growth engines nationwide. Lee made the remarks as his administration is striving to develop five major regional hubs — the Seoul metropolitan area, the southeast, northeast, central and western regions — along with three special self-governing provin…