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Home » Korean President Lee Jae-Myung Promises ₩100 Trillion AI Investment

Korean President Lee Jae-Myung Promises ₩100 Trillion AI Investment

Seok Chen by Seok Chen
June 4, 2025
in AI
Reading Time: 1 min read
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In a bold move to propel South Korea into the forefront of artificial intelligence development, President Lee Jae-myung announced a groundbreaking investment plan. The initiative pledges a staggering 1 trillion won toward expanding AI infrastructure across the nation.

During a press conference, President Lee emphasized the importance of AI technology in driving economic growth and enhancing global competitiveness. He detailed how the investment would focus on building advanced facilities, fostering innovation, and creating jobs in the burgeoning tech sector.

This ambitious plan comes as South Korea aims to position itself as a leader in artificial intelligence, addressing the increasing demand for cutting-edge technologies. The government’s commitment is expected to not only boost the domestic economy but also attract foreign investments and talent.

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Lee stated, “Our goal is to ensure South Korea becomes a global hub for AI research and development, benefiting all sectors of our society.” The initiative has garnered support from various industries, with many experts highlighting the potential for transformative advancements in healthcare, transportation, and education.

As the nation prepares to embark on this extensive investment journey, officials are optimistic about the prospect of fostering innovation and enhancing the skills of the workforce to meet future technological challenges.

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Seok Chen

Seok Chen

Seok Chen is a mass communication graduate from the City University of Hong Kong.

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