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South Korea to invest $3.71B on IT

Posted: 22 Dec 2006 ?? ?Print Version ?Bookmark and Share

Keywords:IT? information technology? South Korea? Sean Shim?

The South Korea government plans to invest around $3.71 billion in public IT projects during 2007.

The Ministry of Information and Communication said the planned investment, an 11.7 percent increase over 2006, will be used for 573 government-led projects to provide enhanced IT services. South Korean is already among the most connected countries in the world.

The bulk of the 2007 investment will go to 217 projects to provide upgraded security, including establishment of integrated wireless telecommunications networks, electronic passport systems and RFID-based waste disposal, the ministry said.

A total of 198 projects are slated to help accelerate the ongoing e-government efforts, including an integrated government computing center. Over 100 projects will upgrade industrial IT, including establishment of RFID-based business-to-business networks and a management system of information on technology and patents.

The government also plans to set up an integrated wired and wireless telecommunications networks along with RFID-based systems for distribution and terminal automation systems at 28 ports facilities.

South Korea ranked first in 2006 for the second consecutive year in connectivity, according to the ITU's Digital Opportunity Index.

- Sean Shim
EE Times

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