Area Near Gwangju Military Airport Designated Land Permit Zone for Semiconductor Cluster

The South Korean government has designated a vast area surrounding the Gwangju military airport as a land transaction permit zone. This move is crucial for the swift development of the planned second semiconductor cluster, a key component of the nation's industrial strategy.

The designated zone covers a significant 364.19㎢, encompassing parts of Gwangju's districts and surrounding areas like Naju, Jangseong, and Hwasun. The permit requirement will be in effect for two years, from July 14, 2024, to July 13, 2028. This measure aims to prevent speculative land transactions and ensure the land is available for the industrial complex.

The government announced the plan to build the Honam region's semiconductor industrial complex on the Gwangju military airport site earlier this month. The Central Urban Planning Committee approved the designation on July 9, following the announcement. Officials stated the designation is intended to facilitate the smooth and rapid promotion of the Honam semiconductor industrial complex project.

“

This land transaction permit zone targets the planned site for the Honam semiconductor advanced national industrial complex and surrounding areas, based on legal district/village boundaries.