President Lee Jae-myung: "3 Mega Projects Will Be the Stepping Stone to Becoming an Industrial Powerhouse"

President Lee Jae-myung stated today (July 2) regarding the government's recently announced "Three Mega Projects for Korea's Great Leap Forward," saying, "It will serve as the driving force to move beyond the capital region, which is facing its limits, and diversify the axis of growth across the nation, transforming the entire country into a Korean-style Silicon Valley."

During the meeting of senior secretaries at the Blue House today, President Lee said, "The three mega projects are not a favor to the regions, but the only path for the Republic of Korea to become the ultimate winner of the Fourth Industrial Revolution and a historic decision for future generations."

In particular, he recalled, "Looking back, past administrations have always opened doors to greater leaps through new challenges at the crossroads of eras," adding, "The Park Chung-hee administration in the 1970s paved the way for an export-driven nation by fostering heavy and chemical industries, and the Kim Dae-jung administration in the 2000s paved the way for becoming an IT powerhouse."

He then emphasized, "The three mega projects of our people-sovereign government will be the third stepping stone for the Republic of Korea to stand tall as a super-gap industrial powerhouse."

President Lee instructed, "The Blue House and the government must place the refinement of related policies and laws, as well as budget allocation, at the top priority of state affairs and accelerate the progress of the projects," adding, "Please ensure that you make every effort in establishing and promoting subsequent investment plans."

Furthermore, President Lee pointed out, "One of the biggest tasks to be solved simultaneously with creating future growth engines is the alleviation of imbalances and gaps deeply rooted in various parts of society," and warned, "If we neglect K-shaped polarization, productivity will fall, growth potential will be damaged, and furthermore, national unity and social stability will be shaken."

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.