S.Korean government to invest 2 bln USD in high-tech and energy industry
28/11/2008 16:41
The South Korean government said today that it will spend 3 trillion won
(US$2.05 billion) next year to create 18,000 new jobs in high-tech industries
and energy-related sectors.
According to a plan by the Ministry of Knowledge
Economy, the government will spend 383.0 billion won (US$261.1 million) on
cutting edge industries like bio-engineering, robotics, radio frequency
identification tags-ubiquitous sensor networks ( RFID-USN) and light emitting
diodes (LED) that could contribute 5, 800 fresh jobs.
Another 2.7 trillion
won (US$1.85 billion) will be earmarked to increase infrastructure in electric
power generation, gas and nuclear energy, the ministry said.
Funds will also
be used in the development of sustainable energy resources, it
added.
Xinhua
|
