Kim Young-rok announces investment plan, Jeonnam·Gwangju will build "world semiconductor hub," attracting 5 trillion won in investment

TechubNews · 2026-03-13T11:08:41+00:00

Kim Young-rok proposed transforming the Gwangju region into a core hub for the future semiconductor industry, with plans to attract 50 trillion won in investment. The vision includes constructing a 31-million-pyeong industrial zone, forming a full-cycle semiconductor ecosystem to promote regional economic development and employment. The project's success requires concrete implementation plans and investment strategies.

TechubNews

2026-03-13 11:08:41

Abstract generation in progress

Kim Young-rok, candidate for the jointly democratic party in Gyeongnam Gwangju, released on the 13th a “5,000 trillion won semiconductor industry plan,” which specifically proposes turning Gwangju and Gyeongnam into future semiconductor industry hubs. The plan includes building large-scale industrial belts to develop Gwangju and Gyeongnam into global semiconductor centers and outlines strategies to attract private investment.

During a press conference at the Gwangju City Council, Candidate Kim set bold goals: to develop a semiconductor industrial belt covering up to 31 million pyeong (approximately 102.5 million square meters) in Gwangju and Gyeongnam, attracting up to 5,000 trillion won in private investment. The region is considered an ideal site for the semiconductor industry due to abundant electricity, water resources, and industrial land. Candidate Kim stated plans to establish a “full-cycle semiconductor ecosystem” covering design to mass production, aiming to bring positive changes to the regional and national economy.

The specific plan includes: cultivating Gwangju as a design and edge semiconductor manufacturing base; developing a general memory pre-processing production base in the western Gyeongnam region based on RE100; and creating a global mass production hub in the eastern Gyeongnam region centered on HBM (High Bandwidth Memory) and HBF (High Bandwidth Flash). Through these three major semiconductor axes, the vision is to achieve 500 trillion won in private investment and create 100,000 jobs by 2035.

Additionally, Candidate Kim promised that if civil servants and subordinate agencies’ staff are merged, personnel will not be unsettled by personnel transfers or other changes, actively ensuring employment stability for staff.

If this large-scale industrial plan is successfully implemented, Gyeongnam and Gwangju could develop into a global green semiconductor hub. However, realizing this vision still requires concrete implementation plans and sustainable strategies to attract investment.

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