Policymakers often lump multiple objectives in single basket, streamlining legal changes but increasing inefficiency
South Korea’s Ministry of Trade, Industry and Energy (MOTIE) just had a busy month.
On Sept. 8, the ministry recognized the Asan Tangjeong Foreign Investment Zone on Sept. 8 as an “advanced technology investment zone.” This designation places it among nine special economic zones in South Korea. Notably, within this zone, Hyundai Motors has a manufacturing complex focused on transitioning from internal combustion vehicles to electric ones.
South Korea’s Ministry of Trade, Industry and Energy (MOTIE) just had a busy month.
On Sept. 8, the ministry recognized the Asan Tangjeong Foreign Investment Zone on Sept. 8 as an “advanced technology investment zone.” This designation places it among nine special economic zones in South Korea. Notably, within this zone, Hyundai Motors has a manufacturing complex focused on transitioning from internal combustion vehicles to electric ones.
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