S. Korean gov't to provide services exports industry with US$4 bil. aid by 2023
Updated: 2020-08-13 10:00:58 KST
The South Korean government will provide the export-oriented services industry with nearly four billion U.S. dollars in aid to boost exports.
At an emergency meeting Thursday, Deputy Prime Minister Hong Nam-ki said the government will reorganize manufacturing-oriented support standards to ensure they are also tailored to the services industry.
Citing the contents, medical and healthcare, edu-tech, digital services, fintech and engineering industries as key export-focused industries, he said they'll be provided with customized aid worth three.nine billion U.S. dollars by 2023.
South Korea aims to enter the world's top ten countries for export services by 2025.