President Lee Jae-myung attended the "Vision Report for Advanced Industries in the Southwestern Region" at the Kim Dae-jung Convention Center in Gwangju on June 30.
This event was organized as a follow-up to the "National Report on Three Mega Projects for South Korea's Great Leap" held the previous day, chaired by President Lee.
According to Yonhap News, President Lee encouraged business leaders who have committed to significant investments in the southwestern region, outlining a vision for the government and companies to collaborate in developing the area as a hub for advanced industries.
Earlier, Vice Chairman Jeon Young-hyun of Samsung Electronics, CEO Kwak No-jung of SK Hynix, and CEO Lee Jin-an of Amkor Technology announced a total investment plan worth 896 trillion won for semiconductor manufacturing plants and artificial intelligence (AI) data centers.
Minister of Trade, Industry and Energy Kim Jeong-kwan and Minister of Land, Infrastructure and Transport Kim Yoon-deok also presented strategies for fostering advanced industries and supporting site development.
Lee Geun-bae, president of Chonnam National University, and Han Sang-won, head of the Gwangju Chamber of Commerce, expressed gratitude for corporate investments and government support.
Following the investment announcements, a signing ceremony for memorandums of understanding (MOU) between the companies and government agencies took place.
President Lee took to the stage, rallying attendees with a cheer of "Fighting" during a commemorative photo session.
Deputy Spokesperson Ahn Gyu-ryeong reported that before the event, President Lee toured an exhibition set up by SK Group with Kwak and others at the entrance.
The exhibition featured key semiconductor technologies, including server DRAM, high-bandwidth memory (HBM), and storage solutions for AI data centers.
While viewing the exhibition, President Lee received explanations about the development process of HBM and asked questions regarding cooling methods.
After the event, the President conducted a helicopter inspection of candidate sites for the southwestern industrial complex and offshore wind power generation facilities, according to Deputy Spokesperson Ahn.
President Lee first received a report from Deputy Minister of National Defense Lee Doo-hee while inspecting the site of the Gwangju military airport, which is being relocated to Muan, Jeonnam. He then toured the candidate site for the Gwangju future vehicle industrial complex, receiving a report from Policy Chief Kim Yong-beom.
He also visited Haenam Solar City, a futuristic city combining advanced industries, solar energy, and AI data centers, and observed Mokpo New Port, a key site for offshore wind power installations, with a report from Minister of Climate, Energy and Environment Kim Sung-hwan.
Minister Kim introduced policies to revitalize the local economy using regional gift certificates and child allowances, discussing the achievements of renewable energy projects with President Lee.
President Lee is scheduled to continue the national report events for advanced industries in the Chungcheong region on July 2 and in the Yeongnam region on July 3, with participation from companies such as Samsung, SK Hynix, and Celltrion in Chungcheong, and Samsung, SK Telecom, Hyundai Motor, and Hanwha in Yeongnam.
* This article has been translated by AI.
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