The Korean government announced the masterplan of the Korean New Deal at the Presentation of the Korean New Deal Initiative on July 14 (Tue). With the Green New Deal, the Digital New Deal is one of the two pillars of the Korean version of the New Deal.
Korea aims to lead digital transition with the Digital New Deal, investing 23.4 trillion KRW (government spending: 18.6 trillion KRW) from the second half of 2020 to 2022 and 58.2 trillion KRW (government spending: 44.8 trillion KRW) by 2025 to create 903,000 new jobs by 2025.
The details of the Digital New Deal are as follows:
The Digital New Deal is composed of 12 goals in four sectors.
1. Improve the Ecosystem of Data, Network and AI (D.N.A.)
① Promote the collection, sharing and use of data in sectors close to peoples’ everyday lives
Strengthen the entire data life cycle, from the collection, sharing and use of data to the distribution of data to the application of artificial intelligence (AI), by making government data open and encouraging the collection and use of sector-specific data, in addition to establishing a public-private data control center, to accelerate the transition into a data economy.
② Apply 5G and AI to all sectors of industry from primary, secondary to tertiary
Carry out a project aimed at applying 5G and AI to all sectors of industry to promote the digital transition and create a new market.
③ 5G and AI-based government
Use AI to make public services fast and customized to each individual, and foster a 5G and cloud-based public smart work environment.
④ Establish K-cybersecurity system
Establish a strong cybersecurity system to effectively respond to the increasing cyber threats induced by the acceleration of digital transition.
2. Digitalize the Education Infrastructure
⑤ Establish digital education infrastructure for elementary, middle and high schools
Promote digitalization of the education infrastructure to create a smooth online/offline integrated learning environment at primary, secondary and post-secondary educational institutions, as well as job centers across the country.
⑥ Improve online education at universities and job training centers across the country
Expand the infrastructure and content materials for online courses and improve online learning platforms to provide quality online courses at universities, lifelong learning centers or job training centers.
3. Nurture Contactless Industries
⑦ Establish smart healthcare and caregiving infrastructure
Establish digital smart healthcare infrastructure to protect health workers and patients from the risks of infectious diseases and make health services more accessible for patients.
⑧ Promote remote working at SMEs
Provide remote working infrastructure and consulting services to small- and medium-sized enterprises (SMEs) having difficulties from cost-bearing or inexperience, and build shared video conference facilities at key areas where SMEs are concentrated.
⑨ Support micro enterprises’ online business
Help micro enterprises raise their competitiveness by supporting them with access to e-commerce channels and providing smart business spaces and manufacturing facilities in response to the rise of contactless services and digitalization.
4. Digitalize Social Overhead Capital (SOC)
⑩ Establish a digital management system for critical infrastructure in four sectors
Digitalize critical infrastructure, such as roads, railways and ports, and establish an efficient disaster prevention and response system to make people’s lives safer and more convenient.
⑪ Digital transformation of urban areas and industrial complexes
Expand smart cities and smart industrial complexes by digitalizing living area and work spaces to make people’s lives safer and more convenient and raise business competitiveness.
⑫ Establish a smart logistics system
Expand smart logistics infrastructure using the technologies of the Fourth Industrial Revolution to improve customer experience (e.g. optimized delivery) and raise logistics-industry competitiveness.
For further information, please contact Deputy Director Jang Gicheol of the Ministry of Science and ICT (E-mail address : email@example.com)