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<1st Year in Office: Field Inspection of National Tasks > Public-Private Partnership to Foster National Strategic Technology in High-tech Bio Sector

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- Minister held an on-site meeting on the high-tech bio sector, one of national strategic technologies, in the Hongneun Innopolis, a biotechnology cooperation complex

On May 12, Jong-ho Lee, Minister of Science and ICT (MSIT) visited Hongneung Innopolis and held a meeting with representatives of tenant companies and officials from technology core institutions such as Korea University, Kyung Hee University, and the Korea Advanced Institute of Science and Technology to discuss measures to enhance Korea's high-tech bio competitiveness and listen to major issues in the field.

 

 

 

   The high-tech bio industry is growing rapidly in the global industry as innovation accelerates through digital transformation utilizing the latest AI technologies. As it is a technology-intensive industry in which the role of R&D is essential, and it is characterized by a vast amount of infrastructure and capital, forming clusters and close cooperation among related parties is necessary.

 

 

 

  Referring to the success story of the bio cluster in Boston, the United States, a pivotal hub of among more than 1,000 bio companies including global pharmaceutical companies, hospitals, and universities, South Korea is determined to strengthen its high-tech bio ecosystem by investing in R&D on core strategic technologies, attracting talented people, and upgrading clusters to secure competitiveness in the high-tech bio field.

 

 

 

  The South Korean government selected 'high-tech bio' as a national strategic technology that the nation should focus on through the 'National Strategic Technology Fostering Plan' announced in October 2022. In accordance with the plan, synthetic biology, infectious disease vaccine and treatment, gene and cell therapy, and digital health data analysis and utilization were chosen as priority technologies.

 

 

 

 

 

In order to establish an institutional foundation for fostering strategic technologies including high-tech bio, the Special Act on Fostering National Strategic Technologies was enacted in March 2023, and since April, the Special Committee on National Strategic Technologies, a joint public-private cooperation and promotion system that reviews, deliberates, and coordinates the overall national strategic technology policy, has been in operation.

 

 

 

  Based on its clear mission, the Committee is currently preparing a cross-ministerial strategic roadmap covering the division of roles between the public and private sectors, strengthening the cooperation ecosystem, national R&D investment direction, and human resource development, and will actively reflect the results discussed at this on-site meeting.

 

 

 

  "In the high-tech bio field, which has recently been accelerated by artificial intelligence and digital technology, it is crucial to invest in R&D. However, the more important things is to create an ecosystem in which cooperation is carried out not only with bio-related industries, academia, and research, but also with other fields such as ICT," said Minister Jong-ho Lee at the meeting. "We will continue to invest in R&D to foster strategic technologies in the advanced bio field and support Korean bio clusters to secure their competitiveness," he added.

 

 

 

 

 

 

 

 

 

For further information, please contact the Public Relations Division (Phone: +82-44-202-4033, E-mail: yunay@korea.kr) of the Ministry of Science and ICT.

Please refer to the attached PDF.


 

KOGL Korea Open Government License, BY Type 1 : Source Indication The works of the Ministry of Science and ICT can be used under the terms of "KOGL Type 1".
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