Hong Nam-ki "100 Strategic Materials & Parts Investment ... Stable Supply in 5 Years"

"We will concentrate on selecting 100 strategic core items that will have a decisive impact on the main industries and the next-generation new industry supply chain, including the three major export restrictions on Japanese exports," said Hong Nam-ki, deputy prime minister.


"We will concentrate on selecting 100 strategic core items that will have a decisive impact on the main industries and the next-generation new industry supply chain, including the three major export restrictions on Japanese exports," said Hong Nam-ki, deputy prime minister.

In his remarks at the ministerial meeting on response to Japan's export regulations at the Seoul Metropolitan Government Building, Mr. Hong said, "We will continue to take measures to strengthen the competitiveness of materials, parts and equipment to eliminate foreign dependence. We will upgrade our competitiveness. "

Deputy Prime Minister Hong emphasized, "We intensively support technology development, reliability and mass production evaluation for strategic core items as quickly as possible."

Hong said, "The fields where rapid technological development can be developed domestically through finance, taxation, finance, and deregulation. In areas where technology is needed to be introduced overseas, such as mergers and acquisitions, venture capital support, We will actively acquire expertise through the creation and investment of large-scale funds. "

Hong said, "If it is recognized as a necessity, such as technology development, we will actively apply the environmental procedure fast track, grant special extension work and use discretionary work."

"We will exempt the preliminary feasibility study of the core R & D project and improve the preliminary feasibility system and expand the infrastructure such as the test bed to allow private companies to utilize it in the production process."

(Photo: Yonhap News)

ref: sbskr