Lee calls for strategic investment in future industries to secure global leadership
President Lee Jae Myung on Tuesday called for large-scale strategic investments in future industries, including small modular reactors (SMRs), renewable energy and aerospace, reaffirming his commitment to advancing Korea's industrial prowess. The president made the call at a Cabinet meeting in the central administrative city of Sejong, emphasizing efforts to identify additional "seeds for future…
President Lee Jae Myung urged the government to make substantial strategic investments in emerging industries such as small modular reactors (SMRs), renewable energy and aerospace during a Cabinet meeting on Tuesday. The Korean leader reaffirmed his dedication to enhancing the nation's industrial capabilities, highlighting SMRs, renewable energy, quantum computing, aerospace and advanced biology as the sectors that will determine global leadership in future industries.
Lee proposed that the government pursue strategic investment in these sectors as meticulously and vigorously as it currently does with megaprojects, referring to the ongoing investment initiative involving semiconductors and artificial intelligence (AI) facilities. To ensure a well-rounded development, the president emphasized the importance of balanced (regional) development and bold nurturing of advanced industries, stating that he aims to build an irreplaceable Korea with the support of the people.
The president underlined the necessity of balanced development across the country, describing Sejong as a city that exemplifies this approach.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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