Han Byung-do, acting leader of the Democratic Party, confirmed on August 11 that the party's special committee for supporting the three mega projects is committed to addressing challenges in the semiconductor industry and ensuring the success of the Lee Jae-myung administration's initiatives. All candidates for party leadership also pledged their full support for the mega projects.
The special committee visited the Yongin semiconductor cluster that afternoon, stating its intention to work closely with the government and businesses to complete the cluster and advance the three mega projects. Committee members included Han, Vice Chairs Kim Kyung-soo and Lee Un-joo, Secretary General Jang Cheol-min, and Policy Chair Han Jeong-ae, along with lawmakers Jeon Eun-soo, Kim Ui-gyeom, Lee Yeon-hee, Oh Gi-hyeong, and Lim Mun-young. Executives from SK Hynix and Samsung Electronics, including CEO Kwak No-jung and Chief Strategy Officer Kim Yong-gwan, were also present.
Han stated, "The Democratic Party will spare no policy support for the swift implementation of the three mega projects. We will ensure all necessary legislative and budgetary support in collaboration with the government. We will follow President Lee Jae-myung's call for a full-scale war beyond just a speed race."
Vice Chair Lee emphasized the significance of SK Hynix's decision to expedite the completion of the general industrial complex in line with the mega projects, saying, "We will do our utmost to ensure faster completion. The government and ruling party will also quickly resolve various complaints, including those related to power grid connections."
Industry representatives from SK Hynix and Samsung Electronics urged the Democratic Party to address several issues hindering the expansion of the semiconductor business.
CEO Kwak remarked, "SK Hynix still needs to expand in the Honam region in line with the three mega projects. We require political support to facilitate business expansion and address issues such as water supply."
Kim, the Chief Strategy Officer, noted, "The era of artificial intelligence (AI) is advancing rapidly. We aim to establish an industrial complex in Yongin to secure global leadership, and we need comprehensive support from the ruling party as the world competes in the semiconductor market."
Meanwhile, party leadership candidates Kim Min-seok, Jung Cheong-rae, and Song Young-gil also pledged unwavering support for the success of the three mega projects during a TV debate held on August 10.
Candidate Kim promised, "As my first decision as party leader, I will establish a special committee to ensure swift cooperation between the party and the government to complete the mega projects." Candidate Jung added, "I will push for the special law to be passed as quickly as possible to initiate the mega projects immediately, ensuring our success as an AI powerhouse through the special committee." Candidate Song stated, "I will work closely with President Lee, who has crossed the front lines, to ensure prompt legislation and do my best."
* This article has been translated by AI.
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