The ministry said the plan breaks down into three stages until 2010, with the government pouring 1.37 trillion won in state and private investments into the project in a bid to pave the way for the introduction of NT infrastructure within five years. The government's aim is to secure core nanotechnology to join the top 10 nations in the field.
Nanotechnology is a sort of micro-science.
A nanometer is one-billionth of a meter, and to get a sense of how small that is, forget about analogies to the width of a human hair or the head of a pin. It's a place where objects are only slightly larger than atoms. Building things on this tiny scale is called nanotechnology. The Korean government plans to obtain at least 10 cutting-edge nanotechnologies and produce 13,000 nanotechnology experts by 2010 in a bid to compete with other advanced countries. A committee would be formed to come up with proposals for the development of nanotechnology.