S. Korea Gov't to Enact Special Law This Year to Designate Special Zone for AI Investment Projects
6 Articles
6 Articles
The South Korean government has announced plans to legislate to designate special zones within the country for investment projects related to artificial intelligence.
S. Korea gov't to enact special law this year to designate special zone for AI investment projects
The government plans to enact a special law this year to designate special zones for investment projects related to artificial intelligence (AI), the presidential chief of staff said Monday.
The Blue House plans to enact a special act on mega special zones within the year that includes shortened licensing procedures and deregulation to promote corporate investment. At the same time, it plans to strengthen administrative support by establishing a dedicated project support organization. However, regarding the exceptions to the 52-hour workweek limit, which face strong opposition from labor unions, the Blue House stated that social con…
South Korea plans to pass legislation this year to create special zones for AI investment projects. The law will expedite licensing and environmental reviews, and quickly provide electricity, water, and labor infrastructure. The government announced three mega-projects in June.
(2nd LD) Gov′t to enact special law this year to designate special zone for AI investment projects
(ATTN: RECASTS headline, lead; UPDATES throughout with more info)By Park BoramSEOUL, Aug. 10 (Yonhap) -- The government plans to enact a special law this year to designate special zones for investment projects related to artificial intelligence (AI),
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