The placement discussions for semiconductor production facilities in the Honam semiconductor cluster are expected to conclude this month.
The government has dismissed concerns about potential investment withdrawals from companies and is considering starting construction on some sites ahead of the relocation of the Gwangju military airport.
Once the placement of individual fabs is confirmed, a site agreement involving the government, the Korea Land and Housing Corporation (LH), and Gwangju City is anticipated, which will accelerate the industrial complex development process.
Kim Jung-kwan, Minister of Trade, Industry and Energy, made these remarks on November 10 during a session of the National Assembly's Special Committee on Budget and Accounts, responding to questions from Jo In-cheol, a lawmaker from the Democratic Party representing Gwangju.
Jo pointed out that since the announcement of the Honam semiconductor cluster site in June and the designation of candidate sites and preliminary operators in July, the progress of the project has not been adequately communicated to local residents.
Although preliminary project surveys and design services have been underway since October 1, delays in the residents' vote regarding the relocation of the Gwangju military airport have heightened concerns about the project timeline.
Jo expressed worries, stating, "I am very concerned whether mass production will be possible by 2030 as planned, and whether the project might even be halted." He inquired about the specific timeline for the airport relocation, site preparation, fab construction, and operation.
In response, Minister Kim stated, "The project is progressing at a faster pace than expected." He added, "We believe the situation is developing rapidly, with various aspects such as infrastructure, water supply, and fab placements actively moving forward behind the scenes."
Kim identified the placement of individual fabs as a key task for advancing the project. He noted that determining the locations of production facilities is crucial for finalizing plans for supplying infrastructure such as electricity and water, as well as for expediting the development of the industrial complex.
He emphasized, "How companies arrange their fab placements is very important," and stated, "We expect to finalize related discussions by the end of this month." He added, "Once the placements are completed with the companies in November, we will likely hold the industrial complex agreement ceremony."
* This article has been translated by AI.
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