The Ministry of Land, Infrastructure and Transport designated the Gwangju military airport site as a candidate for the Honam region's semiconductor national industrial complex on July 29. Gwangju Mayor Min Hyung-bae expressed his support for the decision.
Mayor Min thanked the government and related agencies for their determination and stated that he would concentrate all efforts to ensure the successful implementation of this national project.
In a press release, he described the designation of the military airport site as a historic starting point for establishing a new growth axis in South Korea's semiconductor industry.
He emphasized that the Gwangju military airport site should be developed into a future-oriented advanced city that integrates production, research, corporate support, and residential functions. He pledged to create a unified team with the government, businesses, and related agencies to cultivate a new growth hub for the semiconductor industry.
The Ministry of Land, Infrastructure and Transport, after deliberation and resolution by the Industrial Location Policy Review Committee, designated the Gwangju military airport site, covering 8,264 square meters (2.5 million square feet), as a candidate for the Honam region's semiconductor national industrial complex.
They also stated that they would comprehensively review the necessity of establishing a national industrial complex and corporate investment demand, aiming to develop the site into a corporate-oriented advanced city linked with residential, educational, cultural, and transportation functions.
Gwangju Metropolitan City plans to provide full administrative support to align with the investment schedules of companies like Samsung Electronics and SK Hynix, targeting the completion of semiconductor production facilities by June 2030.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.