Korean government to map out industry clusters

Written 10.01.2003 06:00 by Ciara Howie Print Send article

Seoul, South Korea's capital

South Korea is making a concerted government effort to combine biotech and IT industry clusters.

Its hopes are to create special industrial regions for knowledge-based, high-tech industries and establish Korea as a world leader in IT. The government plan will attempt to allow firms to benefit from each other's work and combine their strengths in a uniform and efficient manner. Government officials hope to have the plan developed by next September.