Science & ICT ministry to focus on technology upgrades, job creation

South Korea’s ministry in charge of science, information and technology said Thursday that it will create jobs by fostering an environment for business start-ups and bringing the country’s scientific research close to a world-class level.

In a briefing on 2013 policy plans to President Park Geun-hye, the Ministry of Science, ICT & Future Planning said it will launch a government-wide project under which social issues such as food safety and environmental accidents could be resolved through scientific technology. “In order to create an environment for business start-ups, the ministry will extend support and strengthen policy coordination with related agencies,” the ministry said. “The ministry will launch a project to create 10 new industries by 2017 through combination of science, ICT and culture.”

Under the ministry’s plan, a total of 408,000 new jobs will be created by 2017, about 90,000 of which are to come from business start-ups.

For full article, see Yonhap News.

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