Korean gov't to invest US$ 2.2 bil. in R&D, overseas M&A sectors: Finance minister
- 5 years ago
South Korea's finance minister Hong Nam-ki is attributing the employment gains to the government's policies.
And the government, he says, will continue to focus on economic vitality and employment.
In a meeting Wednesday with other ministers, Hong discussed a range of issues such as ways to boost the content industry... and strategies to strengthen exports.
Hong said over the next three years the government will invest around two-point-two billion U.S. dollars to help with R&D and overseas M&As.
He also said Korea will aim to raise the proportion of strategic and emerging markets in its exports to 45 percent by 2022 as a way of responding to uncertainties.
And the government, he says, will continue to focus on economic vitality and employment.
In a meeting Wednesday with other ministers, Hong discussed a range of issues such as ways to boost the content industry... and strategies to strengthen exports.
Hong said over the next three years the government will invest around two-point-two billion U.S. dollars to help with R&D and overseas M&As.
He also said Korea will aim to raise the proportion of strategic and emerging markets in its exports to 45 percent by 2022 as a way of responding to uncertainties.