The South Korean government has committed to actively supporting POSCO Group's ambitious plan to invest 73 trillion won ($54 billion USD) by 2030 to lead the clean hydrogen industry. Measures have been implemented to significantly shorten administrative procedures for POSCO's hydrogen reduction ironmaking project in Pohang, valued at 20 trillion won. These measures include exemptions from maritime traffic safety diagnoses, accelerated environmental impact assessments, and expedited landfill basic plan procedures, cutting the total administrative process by 11 months. Additionally, financial and systemic support will be enhanced, with plans to expand green finance and increase funding for R&D in core carbon-neutral technologies. Tax incentives will be strengthened, and hydrogen reduction ironmaking technology has been designated as a national strategic technology. Investments will focus on industrial infrastructure, stabilizing supply chains, and securing raw materials. The CEO of POSCO Holdings expressed gratitude for the government's support, confirming the group's commitment to the investments. Deputy Prime Minister Choi emphasized the importance of steel in industrial growth and reiterated the government's dedication to supporting POSCO's investment plan, particularly in emerging industries like hydrogen reduction ironmaking.