South Korea distributes 260 billion WON to improve the competitiveness of the shipbuilding

South Korea Invests 260 Billion WON to Boost Shipbuilding Competitiveness and Sustainability

The South Korean government plans to invest 260 billion WON this year to enhance the competitiveness of the shipbuilding sector. Funds will be allocated for environmentally friendly ships, digital transformation, and autonomous ships. Research projects will focus on wind-supported drive devices, electric ships, and ammonia-driven vessels. This investment aims to strengthen the industry and promote innovation.

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