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Gov't to spend some US$ 14 bil. on social overhead capital H2 to boost construction

2019-08-14 1 Dailymotion

South Korea's finance minister says the government will promptly start spending on social overhead capital in the second half of 2019 to revitalize the domestic economy.<br />In the ministerial meeting on Wednesday, Hong Nam-ki said the government will spend nearly 14-billion U.S. dollars on public housing, roads and railroads.<br />The government also plans to enhance productivity and safety in the construction sector by promoting research and development for smart construction technology.<br />He also said more regulations will be eased to help the building sector.<br />

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