Minguk Kang Wins Korea National Assembly Legislative Award... Legislative Achievements Recognized

Honored with Legislative Award in Both the 21st and 22nd National Assembly

Highly Praised for Bill Establishing Advanced Strategic Industries Fund

Minguk Kang, Member of the National Assembly for Jinju-eul, was awarded the '6th Korea National Assembly Legislative Award' in recognition of his outstanding legislative performance in the 22nd National Assembly, following his achievements in the 21st National Assembly.

On May 27, at the ceremony marking the 78th anniversary of the opening of the National Assembly, Assemblyman Kang was officially recognized for his legislative accomplishments by receiving the Korea National Assembly Legislative Award.

The Korea National Assembly Legislative Award is regarded as the highest honor in the National Assembly, granted to members whose legislative and policy achievements are deemed exemplary. A panel of 21 judges—including the National Assembly leadership and external experts recommended by negotiating groups—conducts a comprehensive review of legislative bills and policy research outcomes to select award recipients.

[Photo by Min-Kook Kang's Office, National Assembly] Min-Kook Kang, member of the National Assembly for Jinju Eul, received the '6th Republic of Korea National Assembly Legislative Awards' in recognition of his outstanding legislative performance in the 22nd National Assembly, following the 21st National Assembly.

The bill for which Assemblyman Kang was honored is the Partial Amendment to the Korea Development Bank Act. This legislation establishes the 'Advanced Strategic Industries Fund' within the Korea Development Bank, aiming to create a financial support system for national future growth industries such as semiconductors, secondary batteries, biotechnology, artificial intelligence (AI), robotics, and the defense industry.

The judges evaluated the bill as having "established an efficient and timely investment and financial support system for advanced strategic industries." In particular, they highly praised the policy's feasibility and timeliness regarding the expansion of the bank's capital limit and the design of a support structure worth 100 trillion won through government-guaranteed bonds and the mobilization of private capital.

Assemblyman Kang stated, "Amid the global competition to foster advanced strategic industries, establishing a stable financial support system holds significant meaning for national economic security. I hope this will help our companies secure global competitiveness in key sectors, including semiconductors, secondary batteries, biotechnology, artificial intelligence (AI), robotics, and the defense industry."

He added, "I am grateful that my efforts to reflect the voices from the field and expert opinions have been recognized. I will continue to do my utmost to deliver tangible legislative results that the public can truly feel."

This content was produced with the assistance of AI translation services.