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South Korea Plans to Restructure State-Owned Energy and Transportation Enterprises
1 day ago /
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Author：小编
As part of the public institution reform, South Korea will undertake a significant restructuring of state-owned energy and transportation enterprises to reduce costs and improve efficiency. Specific measures include: merging the Korea National Oil Corporation with Korea Gas Corporation; merging five subsidiaries under Korea Electric Power Corporation; liquidating the Korea Coal Corporation; and consolidating four regional port authorities.
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