Public Institutions Implement 40 Projects to Support the "Korean New Deal"

Hong Nam-ki "Public Institutions Will Actively Support the Creation of Results for the Korean New Deal"

[Image source=Yonhap News]

[Asia Economy Reporter Jang Sehee] Public institutions plan to promote 40 key management projects to support the Korean New Deal.

On the 20th, the government announced this at the 2nd Korean New Deal Ministerial Meeting and the 14th Central Emergency Economic Countermeasures Headquarters Meeting held at the Export-Import Bank, chaired by Deputy Prime Minister and Minister of Economy and Finance Hong Nam-ki.

Deputy Prime Minister Hong explained, "This is to actively support the achievement of results of the 'Korean New Deal' by public institutions."

At the meeting, five major areas were set, including the 2021 fiscal investment plan for the Korean New Deal: ▲ promotion of big data utilization in public institutions and digitalization of all industries ▲ establishment of a new industry ecosystem and expansion of innovative procurement by public institutions ▲ sharing of public resources ▲ innovation of public services using digital and non-face-to-face methods ▲ expansion of Green New Deal investments. Forty key management projects with significant impact will be intensively promoted.

First, big data utilization will be promoted, and smart and digital transformation of all industries will be carried out. The National Information Society Agency will support data opening and quality improvement of the government and public institutions, as well as provide specialized technology necessary for data construction and processing.

Additionally, smart transformation of major industries such as smart factories, smart cities, and smart farms will be supported. Smart cities will be promoted for major urban infrastructures such as energy, transportation, safety, and infrastructure. The Korea Tourism Organization will provide customized data services based on a comprehensive big data platform in the tourism sector.

Furthermore, to respond to the novel coronavirus infection (COVID-19), an open laboratory for pandemic response product development will also be established. The Korea Health Industry Development Institute plans to build an open laboratory to open infrastructure such as specimens and clinical equipment to companies.

The government will also support venture and startup foundations by utilizing facilities owned by public institutions. Korea Airports Corporation plans to establish an incubation center to revitalize startups in the aviation and tourism new industry sectors. In addition, Green New Deal investments in energy, environment, and infrastructure sectors will be expanded.

Along with this, 57 public institutions will discover and promote '137+α autonomous diffusion projects' that incorporate the New Deal into their unique public institution tasks. For example, the Korea Occupational Safety and Health Agency operates a 'work-related disease risk prediction and prevention system' that analyzes worker health information linked with big data, and the National Cancer Center is developing medical devices that support non-face-to-face treatment.

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