Government, Ruling Party, and Opposition United on Nuclear Submarines... Government and Ruling Party on Budget, Opposition on Special Act
- Input
- 2026-08-27 16:47:42
- Updated
- 2026-08-27 16:47:42

Following the government and the ruling party's expression of intent to include the project in next year's budget, the People Power Party has proposed a bill to enact a special act related to the matter. According to political circles on the 27th, the government and the ruling party plan to include the nuclear submarine project in the defense budget, which is set to exceed 70 trillion won for the first time in history. During the budget consultation held on the 25th, the floor leadership of the Democratic Party of Korea, including Chairman Han Byung-do, and the government side, led by Minister of Planning and Budget Park Hong-keun, announced the allocation of a budget to support nuclear submarine development.
This is a detailed project aimed at strengthening public safety, one of the five key areas of focus. As it is in the early development stage, the budget is expected to be in the 10 billion won range. Previously, the government announced a basic plan for nuclear submarine development under the name "Jangreport N Project.
" The goal is to develop and build the submarines domestically using our own nuclear reactors and shipbuilding technology, launch the first vessel in the mid-2030s, and operationalize them before 2040. To accelerate the process, the Nuclear Powered Submarine Policy Planning Group was established within the Ministry of National Defense, and the Defense Acquisition Program Administration's Korean Submarine Project Group was expanded and reorganized into the Nuclear Powered Submarine Project Group. The People Power Party proposed a bill to support the development of nuclear submarines.
Representative Yoo Yong-won of the National Assembly's Defense Committee introduced the "Special Act on the Nuclear Powered Submarine Project" on this day. This bill supplements the "Special Act on the Acquisition, Operation, and Safety Management of Nuclear Powered Submarines," which was announced for legislative review by the Ministry of National Defense last month. The biggest difference lies in who holds the command of the Strategic Committee leading the nuclear submarine acquisition project.
While the Ministry of National Defense's proposal stipulated that the Prime Minister serve as the chairman, Representative Yoo's proposal stipulates that the President directly assume the chairmanship. Representative Yoo emphasized, "We must establish a government-wide, all-out implementation system by appointing the President as the chairperson and the Chairman of the Joint Chiefs of Staff as a member.
" **It also establishes a basis for financial support. ** The bill includes special provisions, such as creating a special account for nuclear submarines and excluding them from project feasibility studies.
Special provisions have also been made regarding research and development, cost calculation, testing and evaluation, contracts, advance procurement of materials, and the carryover of expenditure budgets. **As the legislative notice period for the Ministry of National Defense's proposal runs until the 7th of next month, Representative Yoo plans to ensure that the relevant bill is fully reflected in the government's proposal.
**
S. Navy's 6th Fleet. News1 [Financial News] Not only the government and the ruling party, but also the opposition party, are united in their support for the introduction of nuclear-powered submarines, a move initiated by the Lee Jae-myung administration.
[email protected] Kim Yun-ho Reporter