ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

South Korea's Moon stakes legacy on $138bn K-New Deal

Investors skeptical about plan to boost digital and green sectors

South Korean President Moon Jae-in speaks during the first meeting on the K-New Deal strategy at the presidential office in Seoul on Sept. 3.   © EPA/Jiji

SEOUL -- South Korean President Moon Jae-in is staking his legacy on a 160 trillion won ($138 billion) K-New Deal of investment in the digital and green sectors, but the liberal leader's patchy economic record has made analysts skeptical.

The project appears to be the most important item on his agenda for the final 18 months of his five-year presidency, especially now that denuclearization talks with North Korea have collapsed.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more