Korea Development Bank (KDB) will spend 30 trillion won ($20 billion) this year for productive and inclusive growth of Korea’s high-tech industries and regional economies, the company head said Wednesday. KDB Chairman Park Sang-jin said the drive can be advanced by the potential launch of a state-run investment entity in the southeastern region, upon the passage of related bills at the National Assembly, further helping the country move away from a Seoul-centric growth model toward more balanced, sustainable growth. The head of the state-run policy lender also expressed hope for an orderly restructuring of HD Hyundai Chemical, a newly unified body between Lotte Chemical and HD Hyundai Chemical. This can be a test case for effective and efficient government-led reform of many traditional, growth-driving manufacturing industries under pressure for downsizing and outright closures, in the face of new global supply-and-demand dynamics. “We will mobilize our utmost efforts to provide 30 trillion won in financial aid packages before the year’s end,” Park said during a press conference