Cabinet approves seven national tasks with trillion-won ambitions, testing Seoul’s budgets and political resolve
South Korea on Tuesday approved seven flagship policy tasks led by the Ministry of Trade, Industry and Energy (MOTIE) as part of the government’s 123 national agenda items, pledging to channel resources into advanced manufacturing, “pragmatic” trade policy and a sweeping energy transition. The plan sets headline targets including raising industrial AI utilization to 70% by 2030, expanding renewable power capacity beyond the current 78-gigawatt goal and boosting rare-metal reserves from 100 to 180 days while building a dedicated stockpile base. MOTIE said it will also strengthen semiconductor, battery and automobile sectors to help make South Korea one of the world’s four largest manufacturing powers, while diversifying export markets and shoring up economic security through closer ties with the “Global South.”
The ministry outlined large-scale infrastructure projects such as an early West Coast high-voltage direct-current transmission line, alongside measures to accelerate offshore wind and solar installations and create RE100 industrial zones in renewable-rich regions. Other goals include developing next-generation battery and hydrogen technologies, expanding carbon-neutral manufacturing and supporting small and mid-sized firms through technology transfer and supply-chain cooperation.
South Korea on Tuesday approved seven flagship policy tasks led by the Ministry of Trade, Industry and Energy (MOTIE) as part of the government’s 123 national agenda items, pledging to channel resources into advanced manufacturing, “pragmatic” trade policy and a sweeping energy transition. The plan sets headline targets including raising industrial AI utilization to 70% by 2030, expanding renewable power capacity beyond the current 78-gigawatt goal and boosting rare-metal reserves from 100 to 180 days while building a dedicated stockpile base. MOTIE said it will also strengthen semiconductor, battery and automobile sectors to help make South Korea one of the world’s four largest manufacturing powers, while diversifying export markets and shoring up economic security through closer ties with the “Global South.”
The ministry outlined large-scale infrastructure projects such as an early West Coast high-voltage direct-current transmission line, alongside measures to accelerate offshore wind and solar installations and create RE100 industrial zones in renewable-rich regions. Other goals include developing next-generation battery and hydrogen technologies, expanding carbon-neutral manufacturing and supporting small and mid-sized firms through technology transfer and supply-chain cooperation.
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