President Lee Affirms Honam Semiconductor Site Confirmed Under Yoon Administration

by Jun sungmin Posted : June 28, 2026, 11:12Updated : June 28, 2026, 11:12
President Lee Jae-myung speaks at a meeting on fostering innovative companies for future security at the Blue House on June 26.
President Lee Jae-myung speaks at a meeting on fostering innovative companies for future security at the Blue House on June 26. [Photo=Yonhap News]

 
President Lee Jae-myung dismissed criticism from opposition parties regarding the location of semiconductor factories in Honam, stating that it was "officially confirmed during the administration of former President Yoon Suk Yeol in 2023."
On the evening of June 27, President Lee posted on X (formerly Twitter), urging members of the People Power Party to "refrain from making strange remarks about the semiconductor industry in Honam."
He also shared an article noting that Gwangju and Jeonnam received the highest rating in the Ministry of Industry's national advanced strategic industry competition held in 2023. The article highlighted that despite claims of neglect by the Yoon administration, Gwangju and Jeonnam are once again in the spotlight as semiconductor special zones.
President Lee emphasized that the region was identified as an optimal location for global big tech companies due to its abundant industrial water supply from nearby Jangseong Lake and Damyang Lake, as well as its solar and wind energy infrastructure, which supports the realization of RE100, a global initiative for renewable energy.
In response to concerns about water shortages in the Honam region, President Lee stated, "Honam has as much water as the Yeongnam or metropolitan areas. If we establish a proper management system and allocate water resources effectively, it has been reviewed that supplying 1 million tons of industrial water per day is feasible."
 



* This article has been translated by AI.