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Moon to meet chief of Japan's SoftBank

SoftBank Group Corp.'s Chairman and CEO Masayoshi Son (Mainichi)

(The Chosun Ilbo) -- President Moon Jae-in will meet Masayoshi Son, the founder of Japanese tech giant SoftBank and a third-generation Korean Japanese, at Cheong Wa Dae on Thursday.

Son requested the meeting last month, a Cheong Wa Dae official said Monday.

Son "has invested in innovative companies around the world, and discussions will focus on the direction of the government's innovation policies," the official added.

Son is keen on a "Northeast Asian super grid" project. He met with then KEPCO chief Cho Hwan-ik at SoftBank headquarters in Japan in June 2017, just after Moon was inaugurated, and agreed to pursue the project connecting China, Korea, Japan, Mongolia and Russia as well as other projects related to the fourth industrial revolution.

SoftBank has been investing in promising mobile communications start-ups since 2014. It is also the biggest investor in Uber and has a stake in Grab, the biggest ride-sharing service in Southeast Asia, as well as WeWork, which provides shared office spaces.

Son will be the second industrialist to hold a one-on-one meeting with Moon after Twitter CEO Jack Dorsey last year.

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