The Ministry of Science and ICT and the Ministry of Trade, Industry and Energy announced the joint’K-New Deal Globalization Strategy’ at the ’26th Emergency Economy Central Countermeasure Headquarters Meeting and 9th Korean New Deal Ministers’ Meeting’ held on the 30th of last month. It was revealed on the 13th.
The government reclassified the green and digital New Deal tasks into seven major industries, including green energy, green mobility, water industry, DNA convergence industry, intelligent government, smart SOC, and non-face-to-face industry, and drew initiatives to expand overseas market expansion. did.
K Digital New Deal 12 tasks. [사진=K뉴딜 글로벌화 전략]
Reinforced support for overseas expansion tailored to the four key industries of the Digital New Deal
As a DNA fusion industry task, it is advancing into advanced overseas markets such as the’K-Digital Alliance’. Expand cooperation between governments through digital government and smart SOC industry tasks. As a non-face-to-face industry task, we will promote localization based on local companies and capital cooperation.
The DNA fusion industry proceeds in a three-step strategy. As a first step, domestic empirical results on major fields such as 5G (5G) mobile communications and artificial intelligence are used as references when expanding overseas. The second step is to support the discovery of a business model with global versatility. As a third step, through the K-Digital Alliance, which will be launched in the first quarter of this year, we will promote advanced overseas expansion that includes companies in digital and other fields. With a support of KRW 63 billion this year, it will secure references, discover business models, and promote solidarity between companies and collaboration between digital and other industries.
The digital government/smart SOC industry has expanded the digital government cooperation center from 3 to 7 to promote the overseas expansion of our digital government system, and the smart city cooperation project in 12 cities and the global plant, construction and smart city fund (PIS fund) , And support for orders in the smart SOC field, including support of 1.5 trillion won.
In the case of the non-face-to-face industry, which has been growing rapidly since Corona 19, it will promote entry into overseas markets through localization through collaboration with local companies and capital from the beginning of the business. It supports Korean companies’ overseas expansion by expanding the local base, such as nurturing local manpower and building a data center.
Innovate through joint R&D, leading international standards, supporting certification and expanding mutual recognition
Expand international joint research on core technologies such as 5G and cyber security with the United States and the European Union (EU). Strengthen competency in new technology fields and strengthen global cooperation.
To lead standards for emerging digital technologies, major international standardization organizations such as the International Telecommunication Union and JTC1 (ISO/IEC Joint Technical Committee discussing ICT standards) strengthen the activities of domestic experts. Promote standard development and verification through open source. Expand support for responding to the de facto standard field through public-private cooperation.
Expand domestic infrastructure to support international certification for 5G devices (3.5㎓/28㎓ band). Reduction of corporate burden and strengthening participation in the global ecosystem by expanding the Mutual Recognition Agreement for Electromagnetic Compatibility Assessment (MRA). MRA is an agreement between countries that mutually recognize the results of conformity assessment such as testing and certification.
Securing the initiative of the new digital economic order (New Normal) such as AI ethics
Multilateral agendas such as AI ethics in the international community and digitalization of SMEs, and bilateral agendas such as the signing of an MOU for AI cooperation between Korea and Singapore, etc.
Based on the results of the Digital New Deal, we will promote strategic digital official development assistance (ODA) that reflects the demand for cooperation of recipient countries such as distance education, remote work, health and medical care. To provide opportunities for developing countries to use new technologies based on ICT facilities, establish an information access center, bridge the information gap through the World Friends IT Volunteer Group, etc., and cooperate with the private sector to discover solutions to global challenges.
Based on domestic discussions such as AI ethics standards and legal roadmap, we will preemptively respond to digital policy agendas such as AI and data. The agenda that can present a blueprint for future digital society such as 5G and 6G will be discussed with major countries such as the US and EU.
Establish a foundation for overseas expansion of companies such as finance, export platform, and public-private support system
The investment in overseas companies in the digital field will be expanded to a total of 226 billion won by using a global venture fund and a digital media content fund. A new fund dedicated to discovering and fostering digital export companies will be established (30 billion won). Companies that have entered the Digital New Deal overseas are selected as the’national representative of innovative companies’ to provide preferential loans. It provides fund guarantees (up to 10 billion won per company) to high-growth digital companies, and provides mid- to long-term low-interest purchase funds to overseas importers of domestic 5G equipment.
It supports continuous overseas expansion activities by digital transformation of major overseas expansion platforms such as the regular operation of an online exhibition hall (ICT Cyber World) of ICT solution exporters.
Establish an overseas expansion TF within the Digital New Deal Public-Private Cooperation Meeting. Overseas diplomatic missions and overseas bases (overseas IT support center, KIC, digital government cooperation center, etc.) of major strategic countries will be used as’digital new deal advance bases’.
K Green New Deal 8 tasks. [사진=K뉴딜 글로벌화 전략]
In addition, in terms of the Green New Deal, the government establishes a Green New Deal TF in which ministries, corporations, associations, and financial institutions participate in the country, and establishes a joint public-private all-out support system centered on foreign missions and trade centers. It shortens the preliminary period for public institutions from 4 months to 2 months, activates a joint guarantee system for overseas projects such as a 50% reduction in fees when evaluating business feasibility, and provides customized insurance and guarantees by supplying 30 trillion won in export finance. Expand the Green New Deal ODA and support by establishing a convergence ODA linking the fields of agriculture and fisheries, medical care and green energy. KOTRA’s intergovernmental export contracts will be expanded and hydrogen cooperation will be expanded and a global hydrogen supply network will be established through the establishment of a privately-led global H2 alliance among major countries such as Korea, the United States, the United Kingdom, Canada, Germany, Australia, and China.
[과학기술정보통신부 현판. 아주경제 DB]