Policy Issues (April 2015)
PPP Boosting Measures Announced to Effectively Utilize Private Capital --- The government announced public-private partnership (PPP) boosting measures on April 8 at the 7th Ministerial Meeting on the Economy. The measures aim to provide safe investment opportunities for idle capital in the market and stimulate economic growth by effectively utilizing available capital.Government to Promote Bio-technology as a Future Growth Engine --- The government unveiled the Plan to Promote Biotechnology on March 17, a strategy to develop at least 5 innovative biomedical products by 2017. To this end, a total of 340 billion won worth of government investment will be made in 2015.* For further details, please refer to the attached file.
Apr 2015