South Korea Formulates Sixth Basic Plan to Funnel 200 Trillion Won ($128.8 Billion USD) into Massive R&D Strategy through 2030 - Quantum Computing Report

Skip to content

GQINewsNews Archive 2025News Archive 2024News Archive 2023News Archive 2022News Archive 2021News Archive 2020News Archive 2019News Archive 2018News Archive 2015-2017AnalysisQnalysisPlayersPublic CompaniesPrivate/Startup CompaniesUniversitiesGovernment/Non-ProfitVenture CapitalVenture Capital – Sorted by Quantum CompanyResourcesConferencesToolsOther Websites and Industry AssociationsEducationBooksScorecardsGate Level Software PlatformsIBM Qiskit, Rigetti Forest, Microsoft QDK, Project QReview of the Cirq Quantum Software FrameworkQubit Implementation DashboardQubit CountQubit QualityQubit TechnologySoftware/Startup PartnersCloud Platform Hardware PartnersPodcastsAboutQCR Alerts Sign-Up FormAdvertising InquiriesQCR in the NewsContactPrivacy PolicyMembership

South Korea Formulates Sixth Basic Plan to Funnel 200 Trillion Won ($128.8 Billion USD) into Massive R&D Strategy through 2030

The Ministry of Science and ICT has finalized the Sixth Basic Plan for Science and Technology (2026–2030), establishing South Korea’s highest-level statutory framework for long-term technological sovereignty and AI-driven growth. Following a formal deliberation meeting by the National Science and Technology Advisory Council, the government committed to investing over 200 trillion won ($128.8 billion USD) in public-funded research and development over a five-year period. Managed under a unified national coordination system led by Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon, the comprehensive blueprint marks a sharp shift from prior fiscal discipline programs, introducing stable funding baselines to insulate local supply chains against volatile external macroeconomic disruptions.