South Korea to Invest W434 Billion in Dokdo Scientific Research

South Korea announced plans to spend 434 billion won ($285 million) by 2030 on expanding scientific surveys and research projects on the easternmost islets of Dokdo.

31 Mar, 02:22 — 31 Mar, 02:39

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Why this matters

Dokdo, a group of islets in the Sea of Japan, is a territory of significant historical and political importance to South Korea, which currently administers them. Japan also claims sovereignty over the islets, known as Takeshima in Japan. This investment underscores South Korea's commitment to asserting its control and scientific presence in the region.

Key entitiesSouth Korea Dokdo

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Korea HeraldMostly Factual131d ago

S. Korea to spend W434b for scientific survey, research on Dokdo

South Korea plans to spend 433.9 billion won ($285 million) through 2030 to expand scientific survey and other research projects on the easternmost islets of Dokdo, officials said Tuesday. The planned five-year budget is aimed at ensuring access and use of Dokdo, the government said. Under the plan, the government will focus on research and management of the volcanic formations, designated as a National Monument and a protected natural reserve. It covers efforts to establish an integrated platfo

By The Korea Herald

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yonhap-englishMostly Factual131d ago