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Science & ICT ministry to promote strategic industries, shared growth in 2014

2014/02/17 10:00

By Kang Yoon-seung

SEOUL, Feb. 17 (Yonhap) -- South Korea's science ministry said Monday it will nurture key strategic industries and establish cooperative ties between conglomerates and smaller firms to reap shared growth in those sectors.

In a policy plan briefing to President Park Geun-hye, the Ministry of Science, ICT and Future Planning said it will increase support for 13 strategic industries such as the fifth-generation mobile network, subsea marine plants, and other cutting-edge devices like robots.