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Park to meet Japan's SoftBank head over cooperation on investment, new industries

All News 11:01 September 30, 2016

By Song Sang-ho

SEOUL, Sept. 30 (Yonhap) -- South Korean President Park Geun-hye on Friday will meet Masayoshi Son, the chairman of Japanese telecommunications giant SoftBank Corp., to discuss bilateral cooperation on investment and new industries, her office Cheong Wa Dae said.

During her talks with the businessman, also known by his Korean name Son Jeong-ui, Park plans to ask SoftBank to deepen cooperation with South Korean firms in finding new growth engines, creating new jobs and expanding its investment in high-tech areas such as robotics, artificial intelligence and the Internet of Things, the presidential office said.

She will also use the talks to explain to Son South Korea's policy focus on nurturing new energy industries through various projects, including those to build eco-friendly energy towns and energy self-sufficient islands.

The president, in addition, plans to promote nine national strategic projects to find new growth dynamos, which include autonomous vehicles, artificial intelligence, virtual reality and augmented reality.

This photo, taken on Sept. 13, 2016, shows President Park Geun-hye speaking during a Cabinet meeting at the presidential office in Seoul. (Yonhap)


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