Lee Eok-won, Deputy Minister of Economy and Finance, Chairs the 33rd COVID Policy Review Meeting

Highlights Success of 'Casper' and 'Gwangju-type Job Model'
"1.8 Trillion KRW Investment and 4,000 Jobs Created in Gwangju and 5 Other Regions"

Lee Eok-won, First Vice Minister of the Ministry of Economy and Finance, presides over and speaks at the "33rd Innovation Growth Strategy Review Meeting, COVID-19 Policy Review Meeting, Korean New Deal Review Task Force, and 28th Vice Ministers' Meeting on Prices" held at the Government Seoul Office on the morning of the 24th. (Photo by Ministry of Economy and Finance)

Lee Eok-won, First Vice Minister of the Ministry of Economy and Finance, presides over and speaks at the "33rd Innovation Growth Strategy Review Meeting, COVID-19 Policy Review Meeting, Korean New Deal Review Task Force, and 28th Vice Ministers' Meeting on Prices" held at the Government Seoul Office on the morning of the 24th. (Photo by Ministry of Economy and Finance)

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[Sejong=Asia Economy Reporter Moon Chaeseok] Lee Eokwon, the 1st Vice Minister of the Ministry of Economy and Finance, announced on the 24th, "By November, we plan to track the monthly income of certain platform workers such as quick service and designated drivers." He added, "By July next year, we will also establish an income information sharing system between the National Tax Service and the Korea Workers' Compensation and Welfare Service." This message aims to build the infrastructure necessary for the realization of the nationwide employment insurance policy, reduce blind spots in employment insurance, and strengthen the employment safety net.


On the morning of the same day, Vice Minister Lee presided over the '33rd COVID-19 Policy Review Meeting' at the Government Seoul Office and made these remarks. The meeting was held together with the Innovation Growth Strategy Review Meeting and the Price-related Vice Ministers' Meeting.


According to the Ministry of Economy and Finance, as of last month, the number of employment insurance subscribers was 14,436,000, including about 68,000 artists from December last year to the 9th of this month. From January next year, platform workers such as quick service and designated drivers will be included in the scope of employment insurance coverage. Delivery workers, commonly called 'riders,' are classified under 'quick service.'


Notably, Vice Minister Lee mentioned the income information infrastructure established by the government to realize the nationwide employment insurance policy. He stated, "With the amendment of related laws such as the Income Tax Act and Corporate Tax Act, it has been possible to track the monthly income of daily workers and special employment types (SETs) since July. From this November, we plan to track the monthly income of certain platform workers, including quick service (delivery workers) and designated drivers." He added, "To ensure that the tracked income information is actively utilized for employment insurance, we will establish an income information sharing system between the National Tax Service and the Korea Workers' Compensation and Welfare Service by July next year."


He also did not forget to mention the 'win-win local job model' that has recently taken root successfully in Gwangju. This comes amid the success of the compact SUV 'Casper,' produced by Gwangju Global Motors (GGM).


According to the Ministry of Economy and Finance, the Gwangju-type job is the first win-win local job model selected in June. The Casper, which was unveiled on the 14th, recorded 18,940 pre-orders on the first day, greatly exceeding this year's production target of 12,000 units. Among the employed personnel, 93% (470 out of 505) were hired as local talents.


Vice Minister Lee said, "Along with Gwangju, five regions selected as win-win local job models ? Hoengseong in Gangwon (electric vehicles), Gunsan in Jeonbuk (electric vehicles), Miryang in Gyeongnam (root industry), and Busan (electric vehicle parts) ? are expected to generate about 1.85 trillion won in investment and create approximately 3,900 jobs." He emphasized, "The government will communicate more closely with local governments and actively support the expansion of the achievements of win-win local jobs."


Additionally, to realize the 'Digital Twin Land' policy, he announced plans to ▲ invest 218 billion won by next year to accelerate the construction of 3D spatial information nationwide ▲ provide '3D ground maps' from next year ▲ complete '3D underground integrated maps' for 162 local governments nationwide by next year. Digital twin is an advanced technology that replicates real objects identically in a virtual world, mainly used for urban planning and infrastructure facility management.



Vice Minister Lee stated, "From next year, we will promote the construction of the 'Digital Twin Land Integrated Platform' to enable public institutions and local governments to share spatial information and open data to the private sector, excluding security information." He added, "We will do our best to ensure that digital twin technology contributes to the creation of new industries and the improvement of citizens' quality of life."


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

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