South Korea’s 21.3 Trillion Won Tech Package Faces Budget Review
Photo: TokenPost
South Korea’s proposed 2027 technology budget faces fresh scrutiny after the National Assembly Budget Office called for stronger planning and oversight of 8.9 trillion won in megaproject and infrastructure spending. The 8.9 trillion won covers the three megaprojects and related power, water and industrial-site infrastructure. In an Oct. 30 analysis, the office called for statutory basic plans, a clearer policy coordination structure, updated infrastructure plans and laws, and monitoring of the financial soundness of institutions carrying out the projects. The review concerns part of a larger proposed 21.3 trillion won “Three Megaprojects + AI” category.
Source: TokenPost
