[KOREAN ECONOMIC NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd. Here I have an important Korean economic news to share with you which is as undermentioned.
South Korea’s government will expand support for private investors so that ongoing infrastructure projects worth 12.6 trillion won ($11.1 billion) can break ground within the year, according to the Ministry of Economy and Finance on Wednesday.
The 13 projects, most of which were originally slated to kick off in 2020 or later, include the construction of a sewage treatment facility in the southern city of Gumi and a highway to connect Pyeongtaek with Iksan.
“The government will actively select new private investment projects that are closely related to the people’s daily lives, such as environmental facilities,” said Deputy Prime Minister and Finance Minister Hong Nam-ki in a ministerial meeting held to discuss economic revitalization.
Read more at: http://www.koreaherald.com/view.php?ud=20190313000579
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