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President Lee to unveil '3 Major Mega-Projects' with industry leaders
🇰🇷 South Korea /Elections & Politics

President Lee to unveil '3 Major Mega-Projects' with industry leaders

From Dong-A Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • President Lee Jae-myung will chair a report session on "3 Major Mega-Projects" focused on semiconductors, AI, and data centers.
  • The session will involve major industry leaders, including Samsung's Lee Jae-yong and SK's Chey Tae-won, presenting their investment plans.
  • Government ministers will outline support strategies, including power and water supply and urban development, for these key industries.

President Lee Jae-myung is set to lead a national report session on Tuesday, June 29, 2026, focusing on the "3 Major Mega-Projects" designed to propel South Korea's semiconductor, physical AI, and AI data center industries. The event, held at the Blue House, aims to present the government's strategies for private sector investment and support in these critical technological fields.

The report session will discuss private investment plans and government support strategies for the three major mega-projects: semiconductors, physical AI, and AI data centers.

— Presidential OfficeDescribing the purpose and scope of the upcoming national report session.

The report session will commence with an opening address by President Lee, followed by policy presentations from key ministers. Minister of Trade, Industry, and Energy Kim Jeong-kwan and Deputy Prime Minister for Science and ICT Baek Kyung-hoon will detail the plans for the three mega-projects. Supporting infrastructure plans, including power and water supply strategies and the development of hub cities, will be presented by Minister of Climate, Energy, and Environment Kim Seong-hwan and Minister of Land, Infrastructure, and Transport Kim Yun-deok.

A significant aspect of the session will be the participation of industry titans. Lee Jae-yong, Chairman of Samsung Electronics, and Chey Tae-won, Chairman of SK Group, are expected to attend and present their companies' regional investment plans. Their involvement underscores the government's collaborative approach with the private sector to achieve ambitious industrial growth.

We will present the plans for the semiconductor, physical AI, and AI data center mega-projects.

— Kim Jeong-kwan, Minister of Trade, Industry, and EnergyOutlining his ministry's role in presenting the core industrial strategies.

Numerous leading companies and experts involved in the mega-projects are slated to attend. This includes representatives from LG Electronics, Furiosa AI, Robotis, HD Hyundai Robotics, GS, KT, Korea Electric Power Corporation, and Korea Water Resources Corporation. Government officials, including Deputy Prime Minister for Economy and Finance Koo Yoon-cheol and Chief of Staff Kang Hoon-sik, will also be present, indicating the high-level importance placed on this initiative. The session will conclude with an open discussion involving all attendees.

Samsung Electronics and SK Group chairmen will attend to present their group's regional investment plans.

— Presidential OfficeHighlighting the participation of key industry leaders in the event.
DistantNews Editorial

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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