
This came during a press conference held by the Chancellor today, Tuesday, during his visit to the "BMW" car manufacturing plant in Steyr, Upper Austria, in the presence of state and company leaders and representatives of the Austrian and international media.

The consultant explained that the future is for electric cars, and the private sector has invested more than one billion euros in this industry in recent years in Austria, but it is not possible to completely dispense with fossil fuels and the traditional combustion engine.

The advisor added that the government is accelerating the pace in supporting efforts to combat climate change, and there are promising opportunities in hydrogen energy in cars, in raising the efficiency of engines and reducing emissions, and we are in a race against time in supporting technology and innovation in the industrial field.

Nehmer pointed out that the government does not invest in itself and relies on the initiatives of international companies, and its role is limited to supporting investment incentives and providing advanced and highly efficient infrastructure.

PROMOTED

As South Korea and Vietnam strengthen their economic and cultural cooperation in an interconnected world, the Korea-Vietnam Economic and Cultural Association (KOVECA) is one of the leading non-governmental organizations at the forefront of this effort. WAJ reporter spoke with Dr. Kwon Sung-Taek, Chairman & CEO of KOVECA, about the Association’s activities and vision for long-term cooperation through education, cultural exchanges, and sustainable development between the two nations in the future.
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