President Lee Jae-myung is set to support the expansion of large-scale advanced industrial investments into local communities and small and medium-sized enterprises (SMEs) as the Chungcheong Mega Project officially breaks ground. He will hold the fourth public-private joint inspection meeting on-site to discuss support measures from central and local governments and ways to increase SME participation.
According to the Blue House, President Lee will attend the groundbreaking ceremony for the Chungcheong Mega Project at Samsung Electronics' Onyang Campus in Asan, South Chungcheong Province, before presiding over the fourth public-private joint inspection meeting.
In his remarks at the ceremony, President Lee is expected to emphasize that the mega project will provide new growth opportunities for local SMEs and small businesses, aiming for a "growth for all" approach that will significantly improve the lives of local residents and citizens. He will express gratitude to Samsung Group executives for their bold investment decisions and execution, as well as commend local government officials for their swift communication and support in expediting permits. He plans to stress that both central and local governments will take full responsibility to ensure the investment plans are implemented without delay.
The groundbreaking ceremony will be attended by approximately 100 people, including Samsung Electronics Chairman Lee Jae-yong, executives from Samsung and its partner companies, officials from relevant ministries, and local government representatives from the Chungcheong region. Following Chairman Lee's welcoming remarks, updates on investments by Samsung affiliates such as Samsung Electronics, Samsung Electro-Mechanics, and Samsung Display in the Chungcheong region will be presented.
President Lee will participate in a ceremonial groundbreaking alongside Samsung executives, outstanding employees and their children, representatives from partner companies like Daedeok Electronics, students from Chungnam National University, and relevant ministers and local government officials.
The subsequent fourth inspection meeting will address support measures from central and local governments for the swift implementation of the mega project and ways to enhance the role of SMEs in spreading its benefits. Attendees will include the Prime Minister, officials from relevant ministries, heads of local governments in the Chungcheong region, and representatives from investment companies and SMEs.
The Minister of Trade, Industry and Energy will present a comprehensive support plan for the Chungcheong Mega Project, while the Governor of South Chungcheong Province will report on the achievements of local government support and future plans. The Minister of SMEs and Startups will discuss strategies to strengthen the role of SMEs in spreading the project's benefits.
Samsung Electronics and SK Hynix will also announce their collaboration plans with local SMEs. Participants will discuss the implementation of investment plans and strategies for spreading the project's benefits based on these announcements.
After the inspection meeting, President Lee plans to have lunch with employee representatives to listen to their concerns and encourage them.
* This article has been translated by AI.
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