The Results of Demonstration Led to Regulatory Relief

Five Regulatory Improvements Completed Through Regulatory Free Zones
Three Excellent Zones Selected

Since last year, five regulatory improvements have been made through demonstrations in regulatory free zones. The Gyeongbuk Next-Generation Battery Recycling Special Zone, Gangwon Digital Healthcare Special Zone, and Gyeongbuk Smart Green Logistics Special Zone were finally selected as 'excellent' zones.

On the 2nd, the 11th Regulatory Free Zone Committee (Chairman: Prime Minister, hereinafter referred to as the Committee) approved the evaluation results of the 2022 special zone operation performance, including the termination of five projects with improved regulations and the selection of three excellent special zones.

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First, the Committee decided to terminate five projects related to medical and transportation data, eco-friendly vehicles, and new materials, where regulatory improvements were completed through demonstrations in regulatory free zones, to induce rapid market entry. This decision was based on the judgment that immediate commercialization is possible. In the case of the Daegu Smart Wellness Special Zone's 'IoT-based Wellness Information Service Platform Construction and Demonstration' project, there was an ambiguous issue regarding the pseudonymization standards necessary for medical data commercialization, which was clarified by establishing guidelines.

The Sejong Autonomous Driving Special Zone's 'Autonomous Driving Data Collection and Sharing Infrastructure Construction' project and Gwangju Unmanned Low-Speed Special Vehicle Special Zone's 'Edge-type Public Information Data Collection and Sharing Demonstration' project had no regulations on the use of personal information collected during autonomous driving demonstrations and filming using mobile video information processing devices, but through demonstration projects, operational requirements for mobile video information processing devices, such as indicating filming facts under the Personal Information Protection Act, were established.

Looking at the evaluation results of the operation performance last year for 32 regulatory free zones designated from 2019 to 2021, the Gyeongbuk Next-Generation Battery Recycling Special Zone, Gangwon Digital Healthcare Special Zone, and Gyeongbuk Smart Green Logistics Special Zone were selected as excellent zones. The Gyeongbuk Next-Generation Battery Recycling Special Zone received high evaluations for attracting an investment of 1 trillion KRW from CNGR, the world's No.1 precursor company in China, and securing more than 7 billion KRW in policy-linked budgets to establish a foundation for additional financial support.

The Gangwon Digital Healthcare Special Zone was evaluated for actively supporting the special zone project by Gangwon Province allocating an additional approximately 1.5 billion KRW in local funds and for the excellent sales performance of special zone businesses. The Gyeongbuk Smart Green Logistics Special Zone produced visible results, such as preparing a provisional standard that forms the basis for the KC certification of electric cargo bicycles with the National Institute of Technology and Standards within one year after starting demonstrations in 2022.

The government plans to provide additional budgets to excellent zones and give incentives such as awarding commendations to local government officials in charge. Minister Lee Young said, "Through this follow-up measure of the regulatory free zone special cases, we will actively support new technologies with improved regulations to quickly enter domestic and overseas markets."

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