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MOTIE Promotes 13 Industrial Engine Projects
Date
2015.01.13

According to Yonhap News,

(SEJONG=Yonhap News) The government will promote 13 industrial engine projects.

The Ministry of Trade, Industry & Energy (MOTIE) announced January 6 that it will invest KRW 449.5 billion in the 13 industrial engine projects including those involving tilt rotor unmanned aerial vehicles and autonomous vehicles.

MOTIE will immediately begin the “stepping stone” project to commercialize the sectors with market demand at an early stage by maximizing the mid-stage performance of the industrial engine projects.

For the early commercialization of new convergence products, the ministry will establish measures to improve the system, such as providing swift certification and easing regulations.

"To carry out the industrial engine projects, we will reorganize the project by transforming each project into a business unit by the first half of this year," said a MOTIE official.

oj1001@newsis.com

Copyrights Yonhap News. All Rights Reserved.

Source Text

Source: Yonhap News (January. 06, 2015)

** This article was translated from the Korean.

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