The Korea Chamber of Commerce and Industry (KCCI) on Monday called on the government to ease regulations to pave the way for companies to make proactive investments in the artificial intelligence (AI) sector. "In order to secure global-level competitiveness in the AI and green transformation sectors, it is essential to build the capability to pursue major investment projects swiftly," SK Group Chairman Chey Tae-won, who also heads the KCCI, said in a New Year's message. Chey said such efforts are crucial asKorea faces various challenges, including low growth and uncertainties in global geopolitics. The SK Group chairman has been calling on the government to revamp local fair trade laws to help chipmakers raise cash for major investment projects, including easing shareholding regulations when launching subsidiaries aimed at attracting outside investment. "We need to improve the predictability of local policies so that businesses, which are the main drivers of growth, do not face hurdles when carrying out investments or pursuing innovation," Chey said, adding that companies should not face