South Korea to invest 160 tln won in 'New Deal' projects, create 1.9 mln jobs

#SouthKorea #NewDeal - South Korea will invest 160 trillion won ($133 billion) by 2025 under its bold stimulus step, the "Korean New Deal," projects that will help create 1.9 million jobs and kick-start the coronavirus-hit economy. Unlike conventional infrastructure projects, the deals feature 28 projects that will transform the nation's fossil fuel-reliant economy into an eco-friendly one and increase state investment in AI and 5G. (YNA)


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