Space and Aeronautics Agency law passed at plenary session, Korean version of NASA will be born in May = South Korea

A special law for the establishment of the Space and Aerospace Agency (hereinafter referred to as the Space and Aerospace Agency Special Law) was passed at a plenary session of the South Korean National Assembly on January 9th. The Space Aerospace Agency special bill includes research and development for space and aviation policy, industrial development, etc.
The Space and Aerospace Agency will be established as the central administrative body, and will include principles, functions, special provisions, etc. to operate as a specialized and flexible organization. In particular, remuneration for civil servants under a fixed-term system
We also added preferential treatment, such as making the amount higher than the previous standard. The agency was established in Sacheon City, South Gyeongsang Province, and is responsible for directing the overall aerospace field in South Korea.
We will encourage space exploration by companies. At this plenary session, along with the Space and Aerospace Agency special law, a bill to partially revise the Space Exploration Promotion Act and a bill to partially revise the Government Organization Act were also passed. Supervision of the National Space Commission
・In order to strengthen the coordination function, the chairperson of the committee will be upgraded from the Prime Minister to the president. The number of committee members expanded from 16 to 30. Daejeon City, Chullanamdo (Jollanam-do), Gyeongsangnam-do
We will also strengthen the functions of the space industry clusters located in these three regions. The budget of the Space and Aviation Administration is 700 billion won (approximately 76,420,610,000 yen), which is the combined budget of the Korea Aerospace Research Institute and the Korea Astronomical Research Institute.
) plus contingency funds due to government reorganization. The organization has around 300 people.