▲ Han Byung-do, Acting Leader and Floor Leader of the Democratic Party of Korea
Han Byung-do, Acting Leader and Floor Leader of the Democratic Party of Korea, announced regarding the government-led 'Three Major Mega Projects for Korea's Great Leap Forward' that "we will enact a special act for mega special zones, which includes regulatory exemptions and comprehensive policy support, centered around a task force (TF)."
During the Supreme Council meeting held at the National Assembly today (July 3), Acting Leader Han stated, "The central government, local governments, businesses, and the National Assembly will unite and work as one to ensure the success of these mega projects."
He also emphasized, "We will review essential linked bills, such as the Basic Act on Water Management and amendments to the Water Supply and Waterworks Installation Act, to secure large-scale power supply and smooth industrial water supply, and we will accelerate efforts to secure budgets that will serve as a catalyst for infrastructure construction."
He further stressed, "This is an ambitious plan for region-led growth and balanced development that will transform the paradigm of South Korea's economic growth," adding, "Now it is the National Assembly's turn to provide support through swift legislation."
The three major mega projects are a national balanced development plan that focuses on fostering semiconductors, artificial intelligence (AI) data centers, and physical AI as strategic industries by region.
In addition, Acting Leader Han said, "We will reform the fast-track procedure to ensure that bills related to people's livelihoods are processed quickly and prevent nonsensical filibusters," adding, "We plan to complete all major legislative tasks of the Lee Jae-myung administration by the end of the year."
He added, "We will also proceed at full speed with the Criminal Procedure Act, which will be the finishing touch to prosecution reform, by having the floor policy committee and the Legislation and Judiciary Committee work together to ensure the content is robust."
(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.
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