Yongbeom Kim “Selection and Focus on Korean Large Scale New Deal Projects”



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Check-in 2020.05.12 18:09
The | Review 2020.05.12 18:11

Strategy and Finance Minister Kim Yong-beom said on Tuesday that the Korean version of the detailed New Deal project selection criteria should “be selected and focused” on a large-scale project that can deliver results through an intensive investment over the next 2-3 years instead of a small-scale small-scale project. Said.

Secretary Kim held the first meeting of the Korean version of the New Deal Promotion (TF) Working Group at the Seoul Government Complex that day.
“The Korean version of the New Deal should be an innovative infrastructure that is directly related to improving productivity and competitiveness in all industries and sectors, not in some industries,” he said.

Yong-Bum Kim, Prime Minister of Strategy and Finance / Ministry of Strategy and Finance

He said: “You must select a digital business that is clearly different from existing New Deal policies geared towards economic stimulus and focused on civil engineering projects.” It should be a project that has a great synergy effect with private investment and a job creation effect, not a one-sided, government-led public investment. Said. ”

The Korean version of the New Deal Promotion TF was organized according to the three previously selected projects (digital infrastructure, offline industry, SOC digitization). TF plans to discover, review and materialize detailed projects related to the top 10 tasks of the three projects by the end of May, and prepare and announce detailed implementation plans in early June.

Regarding the digital inclusion policy, Kim said: “There is a possibility that digital polarization is intensifying in the process of digital transformation, so we must consider vulnerable groups.” He plans to consider measures for an inclusive recovery in Esau. ”

Furthermore, “there is an opinion that jobs will decrease due to automation and understaffing when the digital conversion is done, but the demand for various types of jobs in industries related to the digital sector is expected to continue to rise.” Each ministry preemptively increased the demand for new digital jobs. In response, he said, “Please actively discover ways to nurture the workforce.”

“The biggest and most obvious change presented by Corona 19 is the non-face-to-face digital-based revolution,” said Kim.
“The Korean version of the New Deal” also hopes to fight so that Korea can become another leading model to jump into “Leading Economy.”

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