Inno-Biz Association: "Nomination of Han Sung-sook Will Be a Turning Point for Korea to Become a Technological Innovation Powerhouse"

The Inno-Biz Association expressed its welcome on June 7 regarding the nomination of Han Sung-sook, Minister of SMEs and Startups, as the candidate for Prime Minister.

In a statement released that day, the association commented, "The nomination of Han Sung-sook as Prime Minister comes at a critical time of major transformation in AX (AI transformation), and we believe it will serve as a decisive opportunity for the Republic of Korea to become a 'technological innovation powerhouse' equipped with cutting-edge technological capabilities." The association added, "Inno-Biz companies will spearhead bold AX investments and regulatory innovation, serving as a robust launchpad for expanding onto the global stage."

Inno-Biz Association logo. Inno-Biz Association

The association continued, "The 23,000 Inno-Biz companies will take the lead in technological innovation by integrating AI and advanced technologies, in step with the new Prime Minister's Office's efforts to create an innovative ecosystem."

Finally, the association stated, "We actively support the government's successful economic innovation initiatives," and added, "We will fulfill our economic responsibilities at the forefront so that the Republic of Korea can stand tall as a global technology leader through research and development (R&D) and the creation of quality jobs."

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