R&D Budget Hits Record 29.6 Trillion Won... Focused Investment in AI, Semiconductors, and Quantum

Briefing Session Held by Top 14 Ministries for R&D Budget
Including Ministry of Science and ICT, Ministry of Trade, Industry and Energy, and Ministry of SMEs and Startups

The government has allocated a record-high budget of 29.6 trillion won for research and development (R&D) in 2025. It plans to focus investments on fields such as AI-semiconductors, quantum technology, and advanced bio.

On the 22nd, the Ministry of Science and ICT announced that it will hold the "2025 Government R&D Project Joint Briefing" from the 22nd to the 24th at Maria Hall, Seongui Campus, Catholic University of Korea in Seoul, in collaboration with 14 central administrative agencies conducting government R&D projects.

This year, 32 ministries, departments, and agencies including the Ministry of Science and ICT, Ministry of Trade, Industry and Energy, Ministry of SMEs and Startups, Ministry of Education, Ministry of Health and Welfare, Korea Aerospace Administration, and Ministry of Oceans and Fisheries will promote research and development.

At the briefing, R&D-related systems that researchers need to know were introduced, such as the abolition of preliminary feasibility studies for rapid and flexible R&D and the continued implementation of exceptions for fiscal year alignment.

The briefing will proceed with the Science and Technology Innovation Headquarters presenting inquiries regarding the 2025 government R&D budget, followed by presentations on major R&D projects and schedules from the Ministry of Science and ICT, Korea Aerospace Administration, Ministry of Land, Infrastructure and Transport, Ministry of Trade, Industry and Energy, Ministry of SMEs and Startups, Ministry of Education, Ministry of Health and Welfare, Korea Disease Control and Prevention Agency, Ministry of Food and Drug Safety, Ministry of Oceans and Fisheries, Ministry of Environment, Ministry of Agriculture, Food and Rural Affairs, Rural Development Administration, and Korea Forest Service in that order.

The online live broadcast can be viewed on the official website and support platforms (Ministry of Science and ICT YouTube) on the day of the briefing, and materials distributed at the briefing can be checked on the official website. The Ministry of Science and ICT plans to provide recorded videos and presentation materials of each ministry’s briefing through the official website even after the briefing ends.

Ryu Gwang-jun, head of the Science and Technology Innovation Headquarters, said, "We will promptly execute the government R&D budget and prepare next year’s R&D investment direction by March to ensure smooth progress of government R&D."

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