Jeong Se-kyun: "Lee Myung-bak Government's Green Growth Failed Because 60% Was Invested in the 'Four Major Rivers'"

Prime Minister Chung Sye-kyun is attending the government questioning session on politics and diplomacy held at the National Assembly plenary session on the 22nd, responding to questions from lawmakers. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Wondara] Prime Minister Chung Sye-kyun stated that the reason the low-carbon green growth policy failed during the Lee Myung-bak administration was because "60% was invested in the Four Major Rivers Project," adding that "the Moon Jae-in administration's Green New Deal policy is different." Prime Minister Chung also announced plans to expand the scale of the government's innovative procurement policy.

On the afternoon of the 23rd, during the economic sector question session at the National Assembly, in response to a question from Kim Seong-hwan, a member of the Democratic Party of Korea, asking "What are the differences between the low-carbon green growth promoted by the Lee Myung-bak administration and President Moon Jae-in's Green New Deal?" Prime Minister Chung replied, "Although the name is the same, I believe the contents are different."

He continued, "Former President Lee Myung-bak pursued a low-carbon green economy policy, but about 60% was invested in the Four Major Rivers Project," adding, "Because the slogans and the actual content differ, our citizens still lack understanding and empathy regarding a low-carbon society."

He further stated, "Even in this administration, while calling it the Green New Deal or low-carbon economy, the contents differ, so we must be very careful not to repeat the same mistakes," and emphasized, "The government needs to lead efforts and sincerely communicate with the public."

Prime Minister Chung also announced plans to expand the 'innovative procurement' policy. In response to Kim's question that "Germany's solar power policy was subsidy-based, which led to the bankruptcy of Q-Cells and SolarWorld and the flow of money to low-cost Chinese companies," he said, "Having been in business before entering politics, I understand well how necessary innovative procurement is."

He added, "To address such issues, the Moon Jae-in administration has emphasized innovative procurement, setting an annual target of about 400 billion won, and I believe this area should be further expanded in the future."

He also said, "Since the President himself has spoken about it, our government recognizes innovative procurement as an important task and is promoting it, so we will make further efforts to revitalize it."

This content was produced with the assistance of AI translation services.