South Korea to invest $400m in development of new growth engines
New growth engines
Sejong - Yonhap
South Korea will invest over US$400 million this year to help develop new and indigenous products and technologies that will help boost the country's economy and exports, the government said Tuesday.
The Ministry of Trade, Industry and Energy said the government seeks to develop 13 new industrial growth engines that include smart wearable devices, self-driving vehicles and a high-speed unmanned aerial vehicle that can take off and land vertically.
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