South Korean President Lee Jae-myung: Will increase investment in AI, raising the budget for three major super projects to 21.3 trillion Korean won
2026-11-02 11:11:31
According to CoinMeta, South Korean President Lee Jae-myung stated in his policy address to the National Assembly that he would increase investment in future growth drivers such as artificial intelligence, raising the budget for three major super projects to 21.3 trillion Korean won, nearly double this year's amount. He emphasized that the government would foster the next generation of growth engines to replace semiconductors and invest 13.8 trillion Korean won in ten key strategic technology areas for the next generation, while also increasing research and development investment by 4 trillion Korean won, bringing the total budget to a record 39.5 trillion Korean won. In addition, he mentioned accelerating the comprehensive transformation of energy, including expanding the construction of solar energy benefit villages and increasing subsidies for electric vehicles.
Source:Jin10 Data
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