SEOUL, KOREA – Though South Korean President-elect Park Geun-hye declared that the next Korean government will build a creative economy propped up by two major pillars - i.e. science & technology and information communications technology (ICT), skepticism has appreciably heightened on the possible curtailment of the functions and status of the Ministry of Future Creation and Science (MFCS).
Many feared that the Ministry’s role in the ICT sector will be slashed to a greater degree as the main opposition party argues for the continuation of the Korea Communications Commission (KCC). Against this backdrop, Electronic Times (ET news) on Thursday held a symposium on the desirable direction of the new government’s restructuring plan for the MFCS so as to ease such fears.
Debaters at the symposium worried that since the MFCS’s key functions and roles are being reduced, there will be a limit to the MFCS’s endeavor for the advancement of science technology and the ICT sector.
Labeling the opposition party’s support for the retention of the KCC as a by-product of factional interests, debaters united in saying that the MFCS should cover research and development (R&D) as well as major ICT functions to usher Korea into a creative economy.

Sean Chung (hbpark@etnews.com)
**Article provided by etnews [Korea IT News]
[Reference] : http://english.etnews.com/electronics/2715655_1303.html