Go to contents

Government To Invest Billions In IT

Posted April. 29, 2004 21:06,   


The Uri Party and the government held a party-government consultative conference on the 29th and decided upon the enactment of Location Based Service (LBC) business-related laws.

Once enacted, the law will enable many related services to arise, including Global Positioning System (GPS) service in the mobile communications business and freight tracking services for delivery businesses.

The party and the government have also decided to invest billions of won in information technology business development, and financially support over one million small businesses.

Jung Se-gyun, Uri party, and Jin Dae-je, Chairman of the Science, Technology, Information, and Telecommunication Committee, said at the conference that “in order to realize the 50 IT-related goals that the Uri Party projected in the 17th general elections, the party will collaborate with the government to speed up the new communicative media service business and increase infrastructural investment.”

Also, the government has decided to endow internet phones with connected line identification numbers so that internet phones can be contacted through telephones. The government will also elevate civilian support in the latest infrastructure businesses such as the Broadband Communication Network (BCN), and invest 2 trillion won until the year 2007.

On the issue of digital television transmission, Jung commented that “the Ministry of Information and Communication’s indolent response is delaying the transmission process.” To this remark, Jin replied that “through fair and legitimate processes, the ministry will get rid of the current bisected transmission process and bring on the nationalization of digital television.”

Young-Hae Choi yhchoi65@donga.com