South Korean President Lee Jae-myung said on July 13 that the country will set up a "Future Response Fund" and direct surplus tax revenue into future-focused investment projects, according to BlockBeats. He said government support will be channeled into three large-scale areas: semiconductors, AI data centers, and physical AI. The statement outlines where public backing is expected to be concentrated, with the fund positioned as a vehicle for allocating extra tax income to projects the government sees as effective future investments. No additional details on the fund’s size, timeline, or implementation were disclosed in the brief.
South Korean President Lee Jae-myung said on July 13 that the government will establish a "Future Response Fund" and direct surplus tax revenue into future investment projects, according to BlockBeats.
He said government support will be focused on three large-scale projects: semiconductors, AI data centers, and physical AI.
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