South Korea’s New Growth 4.0 strategy aspires to transcend the boundaries of technological growth with several initiatives. The government has announced its 20 qubit quantum cloud services for the private sector by the latter half of 2024, with plans to escalate to 1000 qubits by 2032.
Furthermore, the government, as part of the New Growth 4.0 strategy, also aims to commercialise urban air mobility services by next year and fully autonomous vehicles by 2027, with due consideration given to safety standards and consequential reforms in the insurance industry.