PNA: President Lee Myung-bak said Wednesday the development of solar, wind power and other forms of substitute energy sources will become the backbone of South Korea's future economy.
"Given the sharp growth in the world's market, we will be able to nurture solar energy and wind power industries as 'the second semiconductor' and 'the second shipbuilding' industries and make them the pillar of the future national economy," Lee said in a pan-governmental meeting on green growth held at the Convention and Exhibition Center (COEX) in southern Seoul under the theme of "The Power of Opening the Future: Sun, Wind and Water.
The Lee administration has been staging a "low-carbon, green growth" campaign to reduce heavy dependence by Asia's fourth-largest economy on oil and gas imports and tackle greenhouse gas emissions.
The president numerated accomplishments, including the export of nuclear power plants to the United Arab Emirates and the development of electric cars, hydrogen fuel cells and light-emitting diodes (LED).
Lee also stressed the importance of securing a stable supply of water and said his government will map out a comprehensive water resource management plan for the upcoming century.
"As the water industry is emerging as the core industry in the 21st century, South Korea, based on its experience in managing water resources, should nurture the water industry through an active push for making inroads into foreign markets and make contributions to the international community," he said.
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