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S. Korea President Calls for Strategic Investment in Future Industries

Economy

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Seoul, August 11 (QNA) - South Korean President Lee Jae Myung on Tuesday called for expanding strategic investments in future industries, including small modular reactors (SMRs), renewable energy, and aerospace, reaffirming his commitment to advancing his country's industrial prowess.
According to Yonhap News Agency, Lee made the call at a Cabinet meeting in the administrative city of Sejong, emphasizing efforts to identify new industries that act as drivers of future growth. 
Lee cited SMRs, renewable energy, quantum computing, aerospace and advanced biology as key sectors that will determine global leadership in future industries.
"Strategic investment in these sectors should be pursued as thoroughly and intensively as investment in the megaprojects," Lee said, referring to the ongoing investment initiative involving three megaprojects related to semiconductors and AI.
"Through balanced (regional) development and bold nurturing of advanced industries, I will build an irreplaceable South Korea together with the people," he added. (QNA)

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