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South Korean president presents proposed KRW 21.3T 2027 AI, chip and physical-infrastructure investment in parliament

In his 2 November 2026 budget speech, South Korea's president urged lawmakers to approve proposed 2027 allocations totaling KRW 21.3T for AI and three strategic technology initiatives, including semiconductors, physical AI and data center infrastructure. This is a dated parliamentary presentation of an already developed budget proposal, not enactment, spending or construction.