South Korean president pledges expanded regional AI, energy projects in 2026

Source Domain: www.mlex.com

Commitment to Fairness: South Korean President Lee Jae Myung pledged to eliminate unfair competition and expedient practices in AI and energy projects, enforcing strict fair-competition regulations.
Provincial Support Policies: The administration aims to provide substantial and bolder support, particularly for semiconductor, AI, and renewable energy projects in regions farther from the capital.
2025 Foundations for Growth: Lee praised the groundwork laid in 2025, including securing large quantities of AI-powered GPU chips and adopting an AI-supporting government budget, acting as a foundation for new growth.
Government Initiatives: Emphasis on decisively addressing and eliminating lingering unfair practices that hinder fair competition.
Support for Remote Areas: Assurance that non-capital regions will receive more significant governmental backing for AI and energy projects.
Announcements through New Year Address: The policy statements were delivered in his New Year address to the public, signaling transparency and a clear commitment to change.

South Korean president pledges expanded regional AI, energy projects in 2026 | MLex