S. Korea vows to ease regulations to support 3 megaprojects

South Korea vowed to ease a set of regulations, including administrative procedures, to support the country's three megaprojects centered on semiconductors and artificial intelligence facilities, the finance ministry said Thursday. Finance Minister Koo Yun-cheol unveiled the plan during a meeting with economy-related ministers, with the government expecting the measures to generate a total of 4.2 trillion won ($2.96 billion) in investment. "The government came up with the measures to promptly ad

By The Korea Herald