Minister praises President's '90-degree bow,' urges Jeonbuk investment

Unification Minister Chung Dong-young publicly lauded President Lee Jae-myung's "90-degree bow" to business leaders, characterizing the previous day's announcement of "three mega-projects" as a "historic day" for South Korea's socio-economic history.

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The President’s 90-degree bow was impressive. It was a deep bow to the company representatives and a deep bow to the people who have worked hard.

Chung compared the event to the June 29th democratization movement 40 years prior, stating that the recent declaration signifies South Korea's ambition to become a "super-competitive nation." He particularly emphasized the "impressive 90-degree bow" from the President, interpreting it as a gesture of respect to both corporate representatives and the hardworking citizens.

"This was a blessing for neglected regions and local areas," Chung added, referring to the HBM semiconductor initiative as a "blessing and gift from the God of history." He noted that "physical AI leading projects are steadily progressing, centered around Jeonbuk and Gyeongnam."

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This is probably heard as a call to pay more attention to the Jeonbuk region.

President Lee responded with a smile, interpreting Chung's remarks as a call to "pay more attention to the Jeonbuk region." He acknowledged that while some areas are thriving, others might feel left behind. "We plan to supplement this through additional measures," Lee stated, adding that while current focus is on AI, "region-centered policies will continue to expand."

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We plan to supplement this through additional measures.