S. KOREA’S INDUSTRY MINISTRY TO RAISE $179 MILLION FOR ECO-FRIENDLY AUTOMOBILES

Highlights –

• S. Korea’s industry ministry to raise $179 million for eco-friendly automobiles.
• The ministry has reached an MOU with a bunch of industrial and financial partners.
• The government plans to invest 50 billion won.
• Hyundai and the Korea Evaluation Institute of Industrial Technology with 30 billion won each.

South Korea's Ministry of T....