The Democratic Party's Special Committee on Three Mega Projects announced plans for rapid legislative action on July 22. In response to the People Power Party's increasing criticism regarding the yellow envelope law, the committee urged for bipartisan cooperation to create a "growth engine for South Korea."
Han Byung-do, the acting party leader and floor leader, emphasized during a government-party meeting that "the success of this project depends solely on speed," stating, "To achieve tangible results that the public can feel, swift implementation and thorough execution are essential."
He added, "This project requires a united effort from the National Assembly, central government, and private sector to accelerate progress. The Democratic Party has launched a special committee directly under the party leader to ensure seamless support. The government's firm commitment is crucial for driving this initiative forward." He assured that the party would provide timely support for necessary legislation and budgets.
Kim Kyung-soo, the former chair of the Local Era Committee and vice chair of the special committee, described the three mega projects as a key catalyst for successful local-led growth. He expressed determination to promote South Korea as a leader in artificial intelligence while transforming the nation's spatial landscape through local-led growth.
Jang Cheol-min, the committee's secretary, addressed the People Power Party's claims that the yellow envelope law could jeopardize the mega projects. He acknowledged their concerns but urged for bipartisan collaboration to build the nation's growth engine. "To achieve bipartisan cooperation, communication and collaboration between the party and the government are essential. I will fulfill my role as secretary," he stated.
Meanwhile, Choi Eun-seok, the chief spokesperson for the People Power Party, criticized President Yoon Suk-yeol for labeling recent statements from the Samsung Electronics union regarding opposition to the Honam semiconductor project as absurd. He condemned the yellow envelope law, describing it as a detrimental piece of legislation that expands collective bargaining to include significant business decisions affecting workers' conditions. Choi called for self-reflection from those who pushed for this law, questioning the feasibility of creating a business-friendly environment under the current administration.
* This article has been translated by AI.
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