South Korea plans to funnel up to 20 billion won ($20.8 million) over the next nine years to develop age-defying technologies in an effort to keep the country youthful.
The Ministry of Science and Technology on Sunday said the policy is aimed at helping a growing population of senior citizens remain economically active for a longer period of time.
``We plan to spend 6.6 billion won by 2008 funding local scientists, who delve into anti-aging technologies. More than 10 teams will benefit,'' said Cho Seong-chan, a director at the ministry.
``After evaluating the effectiveness of the investment, we will look to extend the project six more years through 2014 at a total budget of 19.98 billion won,'' Cho said.
Monday, September 04, 2006
Faced with low birth rates and a fast aging population, Korea decides to pour millions into the search for the "Fountain Of Youth". From The Korea Times:
Posted by I.Z. Reloaded at 12:25 PM
This work is licensed under a Creative Commons Attribution-Noncommercial 3.0 Singapore License.