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Government Sets R&D Budget at 39.5 Trillion Won, Double-Digit Growth for Second Straight Year
AI 3-line summary
- The government has set the 2027 R&D budget at 39.5 trillion won, an 11.2% (4.0 trillion won) increase from this year, marking double-digit growth for the second consecutive year.
- According to the Ministry of Science and ICT, the budget was approved at the Cabinet meeting on September 1, and 3.3 trillion won will be invested in new projects, the largest amount ever.
- Investment in the 10 NEXT strategic technologies will rise from 11.0 trillion won to 13.8 trillion won, and the review period for large R&D projects will be cut from about two years to three months.
Summary written by AI from the original article · 88 languages
Read the full article (machine translation) → Original article (Korean): 정부 R&D 예산 39.5조원 편성…2년 연속 두 자릿수 증가
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