The Ministry of Science and ICT announced on the 5th that it will invest 198 billion won this year to foster quantum science and technology and industry. The investment scale increased by 54.1% compared to last year, with 32 new projects starting across 15 initiatives.
Projects starting this year include the 'establishment of quantum computing services and utilization systems,' which involves installing proven quantum computers domestically and providing them to research fields to aid in commercializing quantum computing technology, and 'quantum ICT engineering technology development (communications),' which seeks to strengthen industrial competitiveness through the localization of quantum communication materials and the development of self-reliant technology. Additionally, it aims to strategically expand international cooperation in the field of quantum science and technology by utilizing global partnerships of domestic universities through the 'support for leading universities in the quantum science and technology global partnership' initiative, and the 'quantum platform project,' which will select two quantum research hubs.
A project will also begin for the first time that selects one institution each for next-generation quantum research hubs and quantum utilization research hubs, and operates 'Open Quantum Joint Laboratories' at each hub. Kwon Hyun-jun, Director of Basic and Fundamental Research Policy at the Ministry of Science and ICT, noted, "This year, as designated by the United Nations as the Year of Quantum, we will make it a foundational year for the industrialization of quantum, thoroughly preparing for industrialization alongside developing fundamental technologies."
Minister Yoo Sang-im also expressed the government's commitment to fostering quantum technology and industry. Minister Yoo attended the 'Declaration Ceremony for the Year of Global Quantum Science and Technology' held at the Korea Science and Technology Center in Gangnam, Seoul, stating, "I intend for 2025 to be the foundational year for the industrialization of quantum in South Korea, working diligently on both technology and industry," and added, "We will emphasize thorough preparation for technology development, international cooperation, human resource development, and infrastructure, alongside launching quantum flagship projects, establishing a quantum strategy committee for public-private collaboration, and formulating tailored support plans for industrialization in each sector."