The zone will house 10 companies, which will be exempt from some regulatory hurdles.
The South Korean Ministry of SMEs and Startups on Tuesday announced it has created a “Regulation-Free Special Zone” designated for cultivated food and other bio-tech companies.
Regulation-Free Special Zones are areas with specific regulatory exemptions intended to foster technological innovation and support strategic industries. In this case, rules preventing the use of biopsies and same-day slaughtered tissues…