South Korea to be one of world’s largest vaccine manufacturers, says Moon, pledging $1.92 billion investment

The South Korean president’s

The South Korean president’s office has announced plans to elevate the country to be one of the world’s largest vaccine producers with an investment of 2.2 trillion won ($1.92 billion) over the next four years.

On Thursday, President Moon Jae-in disclosed his intention to develop South Korea’s vaccine production base, his office said. The project will receive 2.2 trillion won ($1.92 billion) in investment until 2025 and will see South Korea become one of the top five countries in the world by vaccine manufacturing capacity. 

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