MilestonePolicy & securityConfirmed

South Korea announces a quantum strategy with over ₩3 trillion in planned support

Jun 27, 2023

South Korea announces a national quantum science and technology strategy, calling for over ₩3 trillion in public and private support. It sets a 2035 horizon for building research capacity, training specialists and developing an industry.

Why it matters

The plan commits South Korea to a coordinated effort in quantum computing, communication and sensing.

Government of the Republic of Korea

See it on the timeline

Sources (2)

Ministry of Science and ICT Korea to Rise as the Center of the Global Quantum Economy in 2023!
Primary source

“The Ministry of Science and ICT (“MSIT”; Minister Lee Jong-Ho) announced the “Quantum Science and Technology Strategy of Korea” on June 27th at Dongdaemun Design Plaza (DDP), aiming for a major leap (quantum jump) in our country's quantum science and technology industry.”
Ministry of Science and ICT Quantum strategy funding
Primary source

“The public and private sector will jointly provide financial support worth more than KRW 3 trillion and pursue large-scale integrated R&D projects (Flagship Projects) that connects the industry, academia, and research institutes in line with the strategic roadmap, going beyond small-scale element technology research, under the goal of advancing into a quantum economy by 2035.”

Added Oct 28, 2026. Spotted an error? Tell us and we will review it.