Gov't to inject 3 tln won to create jobs in high-tech, energy sectors

SEOUL, Nov. 28 (Yonhap) -- The government said Friday that it will spend 3 trillion won (US$2.05 billion) next year to create 18,000 new jobs in high-tech industries and energy-related sectors.

The plan calls for 383.0 billion won to be poured into cutting edge industries
like bio-engineering, robotics, radio frequency identification tags-ubiquitous
sensor networks (RFID-USN) and light emitting diodes (LED) that could contribute
5,800 fresh jobs, the Ministry of Knowledge Economy said.
State support will be used to expand pilot projects and research and development
efforts in these four fields.
Another 2.7 trillion won will be earmarked to increase infrastructure in electric
power generation, gas and nuclear energy, according to the ministry. Funds will
also be used towards the development of sustainable energy resources.
Of the total, 1.4 trillion will be spent on research in eco-friendly areas, with
1.1 trillion won going to overseas resource development efforts that include
exploration and operation of oil and gas fields and mineral mines.
This sum, which is to be augmented by 20.2 trillion won worth of investment from
the private sector, is estimated to help hire more than 12,000 new workers.
In 2012, bio-engineering, robotics, RFID-USN and LED areas may create 87,000 new
jobs, according to the ministry