Government to Implement Mobile Driver's Licenses Starting January Next Year

Future Addition of National Merit Certificates and Disability Registration Cards

Lee Eok-won, First Vice Minister of the Ministry of Economy and Finance, is delivering a speech at the 25th Innovation Growth Strategy Review Meeting, COVID-19 Policy Review Meeting, Korean New Deal Review Task Force, and the 19th Price-Related Vice Ministers' Meeting held at the Government Seoul Office in Jongno-gu, Seoul on the 23rd. Photo by Kim Hyun-min kimhyun81@

[Asia Economy Reporter Jang Sehee] The government will pilot the mobile driver's license system starting January next year.

Lee Eokwon, First Vice Minister of the Ministry of Economy and Finance, held the 25th Policy Review Meeting, Innovation Growth Strategy Review Meeting, COVID-19 Policy Review Meeting, Korean New Deal Review Meeting, and Price-related Vice Ministers' Meeting at the Government Seoul Office on the 23rd, stating, "We will conduct a pilot project targeting 2 to 3 regions and expand the target to the entire population based on the operational performance." In the future, additional IDs such as the national merit certificate and disability registration card will also be included.

Vice Minister Lee emphasized, "The mobile driver's license can be used like a physical driver's license at government offices and bank counters, and it can also be utilized for various online services such as non-face-to-face bank account openings."

He added, "Concerns about information exposure and forgery of plastic IDs are increasing, and as non-face-to-face and online services expand, the importance of digital identity verification is further emphasized. There are also research results projecting that the digital identity verification sector will create economic value equivalent to about 3-6% of the country's GDP by 2030."

Furthermore, he emphasized achieving this year's investment target of 110 trillion won. He said, "Corporate investment will be promoted by discovering and advancing projects worth about 5 trillion won within the third quarter through various channels such as the investment support caravan." He also stated, "Private investment projects will include new types of projects such as smart industrial complexes, with an additional 5 trillion won worth of new projects to be discovered." He added, "Public institution investment will be managed thoroughly to achieve the annual investment target of 65 trillion won by executing the remaining 31.1 trillion won in investments."