🇰🇷Special Law for the Promotion of the Artificial Intelligence Industry introduced (Bill No. 2210957)

Source

Quote: "The Bill aims to support the AI industry to secure AI sovereignty, strengthen national competitiveness, and contribute to national economic development. Key features include: (1) several measures to promote and support the industry, such as establishing a basis for strategic planning to enhance AI industry competitiveness, designating and supporting the creation and operation of AI mega clusters, and promoting and verifying new AI research projects; (2) special provisions regarding the dissemination of research and development results, strategic AI projects, implementation of pilot projects, and the establishment of corporate joint research institutes; (3) groundwork for fostering industry personnel, including attracting overseas talent, surveying supply and demand trends, securing regional personnel, and promoting youth talent development through training programmes and information cooperation; and (4) grounds for financial support, such as expanding AI infrastructure, designating and supporting AI data centre special zones, special provisions regarding preliminary feasibility studies, establishing an AI industry promotion special account, tax provisions, and employment subsidies."

Related regulations