S. Korea's government funds 3 major work projects


(MENAFN) The government claimed that it will approve three huge public work projects to be funded by the private sector, which could produce growth and develop the nation's infrastructure.

Furthermore, the private investment project evaluate committee under the finance ministry gave the permission to the building of an electric train line, and others worth USD 2.36bn.

Additionally, plans chosen by the committee can benefit from tax breaks, be suitable for matching funds from the state.

Moreover, the government benefits, due to critical infrastructure work can be carried out without the request of large amounts of taxpayers' money.


MENAFN

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