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S. Korea projects energy business to hit USD86.4b by 2030
(MENAFN) South Korea's market for new energy industries is forecasted to touch a staggering USD86.4 billion by the year 2030 mainly due to persistent efforts to expand and develop next-generation technologies.
Additionally, the nation has revealed a complete strategy designed carefully to help Asia's fourth-largest economy meet its obligation to cut back on greenhouse gas emissions and produce a future growth engine.
Moreover, South Korea with no significant natural resources is well positioned to take advantage of the continuing effort to cut back on greenhouse gases as outlined by the UN Framework on Climate Change.
For Next year, the government plans to make changes to managerial rules to fuel growth and allocate state resources, thus will spend just under USD1.6 billion to nurture the growth of the new energy sector.
Additionally, the nation has revealed a complete strategy designed carefully to help Asia's fourth-largest economy meet its obligation to cut back on greenhouse gas emissions and produce a future growth engine.
Moreover, South Korea with no significant natural resources is well positioned to take advantage of the continuing effort to cut back on greenhouse gases as outlined by the UN Framework on Climate Change.
For Next year, the government plans to make changes to managerial rules to fuel growth and allocate state resources, thus will spend just under USD1.6 billion to nurture the growth of the new energy sector.
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