Ministry of Industry Selects 7 Outstanding Proactive Administrative Cases Including Export-Import Logistics Measures and Direct PPA

Ministry of Industry Holds Non-Face-to-Face Active Administration Committee Meeting

[Sejong=Asia Economy Reporter Kwon Haeyoung] The Ministry of Trade, Industry and Energy announced on the 27th that it selected seven cases, including efforts to resolve the export-import logistics crisis and promotion of corporate renewable energy power purchase, as excellent cases of proactive administration in the first half of this year.

The selected cases mainly relate to COVID-19 response, new industry development, digital transformation, and renewable energy expansion, and received positive evaluations from the National Monitoring Group and private members of the Proactive Administration Committee.

First, amid logistics disruptions and soaring freight rates caused by COVID-19, the ministry was recognized for its full-scale response by announcing three major measures including emergency export-import logistics measures, export-import logistics response plans, and additional support measures for export-import logistics. The Ministry of Trade, Industry and Energy, in cooperation with related ministries such as the Ministry of Oceans and Fisheries, associations, and national shipping companies, deployed a total of 39 temporary vessels to transport 110,000 TEU of cargo (about 12.5% of the 2019 export cargo volume) and provided freight support worth 12.1 billion KRW to small and medium-sized enterprises.

The introduction of third-party PPA and direct PPA to promote the purchase of renewable energy-generated electricity also received high praise. This system allows electricity produced from renewable energy to be traded outside the power market. In January, the ministry amended the Enforcement Decree of the Electricity Business Act to introduce third-party PPA (power contracts among power producers, sellers, and users), and in April, the amendment to the Electricity Business Act for direct PPA (contracting without a seller intermediary) passed the National Assembly.

In addition, ▲ the signing of a 'business agreement to support product safety for startups and venture companies' ▲ promotion of the enactment of the 'Industrial Digital Transformation Promotion Act' ▲ signing of an investment attraction MOU with global vaccine companies ▲ resolving corporate difficulties through the industrial convergence regulatory sandbox ▲ support for installing public hydrogen charging stations using idle national land, among a total of seven cases, were selected as excellent cases.

The public officials responsible for these policies will receive preferential treatment in personnel matters such as S-grade performance evaluation and reward leave, as well as monetary rewards, and some will be recommended as candidates for the Minister of Trade, Industry and Energy’s commendation at the end of the year.

Deputy Minister Park Jin-gyu said, "As social distancing continues due to COVID-19, administrative work vitality may decline, making proactive administration by each public official more important," and added, "We will strive to create conditions and a culture for proactive administration among employees to enable preemptive responses to major issues such as carbon neutrality and digital transformation in the future."

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