New Growth Strategy 4.0: Measures to address challenges in carrying out primary projects
New Growth Strategy 4.0: Measures to address challenges in carrying out primary projects
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    Republic of Korea, New Growth Strategy 4.0: Measures to address challenges in carrying out primary projects
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    AI semiconductor

    1. AI semiconductor

    Foster domestic AI semiconductor industries and build up a collaborative ecosystem between businesses

    • Promptly build data centers utilizing domestically-produced AI semiconductors and expand demonstration projects
    • Significantly expand support for start-ups to produce prototypes
    • Give preferential treatment to firms which establish a consortium with AI semiconductor firms and utilize domestically-produced AI semiconductors when selecting government R&D project operators
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    Urban Air Mobility

    2. Urban Air Mobility

    Dominate the global market of the Urban Air Mobility (UAM) industry

    Set up a pan-government joint task force to devise a plan to provide exclusive UAM frequencies

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    Hydrogen

    3. Hydrogen

    Secure green technologies of hydrogen production via water electrolysis

    • Carry out a pre-feasibility study to develop manufacturing technologies and establish clusters
    • Devise safety standards for green hydrogen production facilities
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    Autonomous Driving

    4. Autonomous Driving

    Advance autonomous driving technologies

    • Enable original data collected from autonomous vehicles to be used in the regulatory sandbox zones
    • Allow the use of original video data for the purpose of research and proof of concept
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    Used Battery

    5. Used Battery

    Promote the battery re-manufacturing and reuse markets

    • Allow the registration of separate owners for the battery and Establish a independent battery distribution system
    • Establishing an integrated management system for used batteries
    • Designate less harmful and economically feasible used batteries as recycled resources
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    MyData

    6. MyData

    Expand the usage of private sector-led MyData based services

    Overhaul the lower statutes of the Personal Information Protection Act such as criteria and scope of personal medical records transfer to 3rd parties

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    R&D Equipment Ordering Process

    7. R&D Equipment Ordering Process

    Streamline the ordering process of research equipment or facilities to alleviate administrative burdens on researchers

    Shorten the period of review on national research equipment or facilities from 40 days to 25 days

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    The government will proactively explore and swiftly resolve on-site obstacles in the way of the New Growth 4.0 Project with an aim of generating tangible outcomes.