S.Korea pledges nearly $2 billion to become major COVID-19 vaccine producer


  • World
  • Thursday, 05 Aug 2021

FILE PHOTO: South Korean President Moon Jae-in in Washington, U.S., May 21, 2021. REUTERS/Sarah Silbiger/File Photo

SEOUL (Reuters) -South Korean President Moon Jae-in said on Thursday he plans to invest 2.2 trillion won ($1.92 billion) to turn the country into one of the world's five largest COVID-19 vaccine manufacturing bases by 2025, his office said.

The remarks were made at a meeting of a public-private committee newly launched to explore ways to boost vaccine production amid global supply shortages and shipment delays.

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