South Korea will establish a 100 trillion won investment fund for strategic fields while implementing 30 AI innovation projects in the second half of the year.
The South Korean Ministry of Finance plans to promote strong investment policies to develop artificial intelligence and key industries through a large strategic fund and a series of innovation projects.
MAIN CONTENT
The South Korean Ministry of Finance establishes a 100 trillion won fund for strategic investment.
The fund focuses on developing key industries and AI.
The second half of 2024 will implement 30 innovation projects related to AI.
What is the expected size of the strategic investment fund that South Korea will establish?
The South Korean Ministry of Finance will establish a strategic investment fund worth 100 trillion won to promote the development of key industries and new technologies domestically.
This fund is considered one of the important steps to increase national competitiveness, especially in the context of the 4.0 industrial revolution and the rapid development of global AI technology.
Raising a large amount of capital from the fund allows the government to create incentives for developing key technologies as well as enhancing research and innovation capabilities in many fields.
What innovative policy does the South Korean Ministry of Finance plan to implement in 2024?
From the second half of 2024, South Korea will implement a policy package including 30 innovation projects in the field of artificial intelligence.
These projects aim to effectively leverage AI technology to enhance competitiveness, promote AI application in production, services, and public administration.
The synchronous implementation of these projects will not only help create breakthroughs in technology but also contribute to the development of a sustainable digital economy, meeting the trend of global digital transformation.
"Investing 100 trillion won in strategic projects and AI innovation will help South Korea maintain its technological leadership in the region and globally."
Statement from the South Korean Minister of Finance, August 2024
Frequently Asked Questions
In which fields will the 100 trillion won fund be utilized?
The fund mainly focuses on investing in strategic areas including AI and advanced technologies to promote innovation and enhance industrial capabilities.
When will the implementation of AI projects begin?
The package of 30 AI innovation projects will start to be implemented from the second half of 2024.
How does this investment fund compare in size to similar programs?
With a scale of 100 trillion won, this fund is among the largest technology investment funds in South Korea today.
How will this new policy affect the South Korean economy?
The policy helps enhance technological innovation capabilities, promotes economic growth, and accelerates digital transformation in many key industries.
Do AI projects include international cooperation?
Detailed information on international cooperation has not been disclosed in the current information.
Source: https://tintucbitcoin.com/quy-100-nghin-ty-won-dau-tu-crypto/
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