On Friday, the South Korean government unveiled its ambitious plan to allocate 35.3 trillion Korean won (roughly equivalent to $25.1 billion) towards research and development (R&D) projects by the year 2026. This significant investment aims to stimulate productivity and foster new avenues for growth. The decision, which was ratified by the Science and Technology Advisory Council under the leadership of President Lee Jae-myung, will soon be presented to the National Assembly for further review and approval.