Governor Choo Mi-ae's first act: Approves 'K-Semiconductor Innovation Plan'
Translated from Korean, summarized and contextualized by DistantNews.
At a glance
- New Gyeonggi Province Governor Choo Mi-ae's first official act was approving the 'K-Semiconductor Innovation Plan'.
- The plan aims to solidify Gyeonggi Province as a global semiconductor production hub, aligning with national economic strategies.
- Key strategies include accelerating the semiconductor cluster, doubling production capacity within five years, and fostering a robust ecosystem.
New Gyeonggi Province Governor Choo Mi-ae made the 'K-Semiconductor Innovation Plan' her first official act upon taking office on July 1. This strategic initiative is designed to cement Gyeonggi Province's position as a global semiconductor production center, aligning with the national government's 'Grand Leap Forward 3 Major Mega Projects'.
Governor Choo stated that the plan is crucial for realizing the provincial government's goal of becoming the "Number 1 Economic Province." She emphasized its purpose in facilitating the rapid development of semiconductor clusters and supporting corporate investments. "We will proactively respond to maintain our global lead in semiconductors," Choo declared.
The innovation plan centers on three core strategies: accelerating the completion of the world's largest K-semiconductor ecosystem, reducing fab construction times while doubling production capacity within five years, and implementing future growth strategies for the ecosystem. The province plans to create the largest semiconductor belt globally by connecting key southern Gyeonggi areas like Suwon, Yongin, Hwaseong, Pyeongtaek, and Seongnam. A significant focus will be placed on "speed battles" to drastically shorten factory construction periods by providing timely support for essential infrastructure such as power, water, and roads.
This plan is aimed at realizing the goal of becoming the 'Number 1 Economic Province' for the 9th popularly elected government, and will proactively respond to maintain our global lead in semiconductors.
Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.