Yongin Mayor Lee Sang-il: "Investments in Yongin Semiconductor Cluster Must Proceed Rapidly"

Yongin Mayor Lee Sang-il stated today (June 29) regarding the government's announcement of semiconductor investment plans for the southwestern region, "As the government has set separate new investment plans for regions such as Honam, I hope efforts will be made to ensure that investments in both Yongin and these regions proceed rapidly."

In a statement, Mayor Lee said, "It is only natural that the government has clarified its position to proceed with the Yongin Advanced System Semiconductor National Industrial Complex without wavering."

He added, "As long as the semiconductor national industrial complex currently underway in Yongin is not downsized and the investment plans are not reduced, I, as the Mayor of Yongin, have no reason to oppose new investments in other regions."

He emphasized, "As the semiconductor industry is a core engine supporting the South Korean economy, it is more important than anything else to accelerate the construction of the Advanced System Semiconductor National Industrial Complex in the Idong and Namsa areas of Yongin to maintain a 'super-gap' against competing nations that are rapidly catching up."

He further stated, "I hope the government will play its role to ensure that no further incidents occur that shake the foundation of the Yongin national industrial complex," and argued, "The government must promptly appoint a president for the Korea Land and Housing Corporation (LH), the project implementer, and hasten the bid announcement for the construction of the first and second zones of the national industrial complex site."

He continued by pointing out, "Civil engineering work for site preparation must begin within this year at the latest, and even if it starts this year, it will be six months behind the original plan."

He also noted that starting the civil engineering work as soon as possible is essential to ensure that the plan to begin construction of Samsung Electronics' first fab in the second half of 2028 and commence operations in the second half of 2030 is implemented without setbacks.

Mayor Lee emphasized, "The Ministry of Environment should not be swayed by a group called the 'National Action for Re-examination of the Yongin Semiconductor National Industrial Complex and Transmission Lines,' but should clearly state its will to implement the second phase of power supply for the national industrial complex to support the third and fourth fabs, and take action to execute it."

Furthermore, he stressed, "The government must also hasten the establishment of a plan for how to supply power to Samsung Electronics' fifth and sixth fabs at the Yongin national industrial complex. Preparations for the implementation of water supply plans for the third through sixth fabs must also be made."

(Photo: Provided by Yongin City, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.