JEJU-DO < invest Korea

According to Newsis,

Jeju Special Self-Governing Province announced on November 11 that it had invested KRW 147.6 billion in digital new deal projects in the past year, creating 1124 jobs, and securing KRW 314.7 billion national funding for 72 projects to date.

The province is concentrating its administrative capability to achieve 38.5% of investment goal KRW 817.3 billion by 2025.

The objectives of Jeju-style New Deal 2.0 are to▲ resolve local problems by utilizing digital technology ▲innovate public services experienced by citizens, and ▲ foster future industries and achieve digital transformation of regional industries.

The province set up an advisory committee by selecting 26 experts from inside and outside the province, who are involved directly/indirectly in the government New Deal policy, from institutions, academia, and private sectors.

The advisory committee will be holding a meeting on November 11, discussing selection and focus strategy to foster regional industries based on analysis of achievements and examples produced by the New Deal projects.

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Source: Newsis (November 11, 2021)