Korea Proposes Mega-Special Zones and Negative Regulation for Tech Growth

Korea's economic advisors urge comprehensive support and negative regulation for non-capital tech investments.

TruthFoundry News Desk

Stands on 6 placed sources from 2 publishers.

As of 2026-09-03 08:43 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

Kim Seong-sik, Vice Chairman of the National Economic Council, stated that a transition to negative regulation is necessary to clear bottlenecks in advanced industries and that comprehensive regulatory exceptions should be granted to regional mega-special zones. ^[1] The National Economic Council and the Regulatory Rationalization Committee held a joint public forum in Seoul on 2026-04-03 to discuss regulatory innovation for the 'mega-special zones' and advanced industries. ^[2] Jo Jae-han proposed a transition to 'negative regulation' where new industries are allowed by default unless prohibited, but emphasized that this must be a structure that manages risk rather than a lack of regulation. ^[3] Kim Seong-sik emphasized that shifting to negative regulation and rationalizing regulations in local special zones are essential to clear bottlenecks in the Three Mega-Projects. ^[4] Kim Seong-sik, Vice-Chairman of the National Economic Council, stated that the Three Mega-Projects must improve power grids, water systems, and human resource structures beyond simply expanding semiconductor manufacturing plants. ^[5] Park Yong-jin, Vice-Chairman of the Regulatory Rationalization Committee, promised to establish local special zones as a core model for economic and regulatory innovation to attract corporate investment. ^[6]

What this stands on

매일경제South Korea

The National Economic Council and the Regulatory Rationalization Committee held a joint public forum in Seoul on 2026-04-03 to discuss regulatory innovation for the 'mega-special zones' and advanced industries. ·

매일경제South Korea

Jo Jae-han proposed a transition to 'negative regulation' where new industries are allowed by default unless prohibited, but emphasized that this must be a structure that manages risk rather than a lack of regulation. ·

매일경제South Korea

Kim Seong-sik emphasized that shifting to negative regulation and rationalizing regulations in local special zones are essential to clear bottlenecks in the Three Mega-Projects. · 세계일보

Kim Seong-sik, Vice-Chairman of the National Economic Council, stated that the Three Mega-Projects must improve power grids, water systems, and human resource structures beyond simply expanding semiconductor manufacturing plants. · 세계일보

Park Yong-jin, Vice-Chairman of the Regulatory Rationalization Committee, promised to establish local special zones as a core model for economic and regulatory innovation to attract corporate investment. · 세계일보

The one we could place publishes from South Korea. 1 could not be placed by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.

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