SynopsisThe pledge ‌follows ⁠the government's ⁠unveiling on Tuesday of its most aggressive ​fiscal spending plan on record for next year, ​which includes creating a fund for long-term investments, to strengthen the country's technological ​edge amid the global ⁠AI race.ReutersSouth Korea's finance minister nominee vowed on Wednesday to quickly proceed with "mega projects" for AI investments and actively utilise policy capacity from a global chip boom.The pledge ‌follows ⁠the government's ⁠unveiling on Tuesday of its most aggressive fiscal spending plan on record for next year, which includes creating a fund for long-term investments, to strengthen the country's technological edge amid the global ⁠AI race."(The ‌government) will swiftly advance three ​mega ​projects to generate large-scale investments ⁠and growth power," Lee Hyoung-il said ​in a meeting with reporters."(The government) ​will boldly support vulnerable sectors based on policy capacity secured from a semiconductor boom so that young people, small businesses and small- and medium-sized ‌companies are not left out from growth," Lee said.Lee, who ​was named ​as the ⁠country's new finance minister on Sunday, also vowed to expand pre-emptive investments in advanced ​technologies.The government expects tax revenue to increase 40.7% next year, with corporate tax receipts more than doubling as chipmakers earn record profits. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now