'Yongin Giheung Future City Advanced Industrial Complex Development Plan' Passes Gyeonggi Province Review

[Suwon Ilbo=Reporter Kim Gap-dong] The development plan for the Yongin Giheung Future City Advanced Industrial Complex, which will house the technology development center of 'Semes,' Korea's largest semiconductor equipment manufacturer, has passed Gyeonggi Province's review.

The province announced on the 13th that the 'Yongin Giheung Future City Advanced Industrial Complex Development Plan' containing these details was conditionally approved at the 'Third Gyeonggi Province Local Industrial Complex Planning Review Committee' held on April 17 and the subcommittee held on May 29.

With this approval, Semes is expected to begin construction of the technology development center as early as October.

The Yongin Giheung Future City Advanced Industrial Complex is an industrial complex to be developed with a total investment of 255.6 billion won and a scale of approximately 90,000 square meters, with the 'Semes' technology development center set to move in.

Semes is a manufacturer of equipment such as cleaning and photo track systems essential to semiconductor production processes, and plays a pivotal role in strengthening semiconductor competitiveness and localizing equipment, with related technologies designated as national core technologies. With the development of this industrial complex, production ripple effects of over 200 billion won and employment creation effects of over 4,000 people are expected.

The province plans to create the world's largest semiconductor cluster by supporting localization of semiconductor materials, components, and equipment industries alongside semiconductor production bases such as the Yongin Semiconductor Cluster and Pyeongtaek Godeok International Development Zone, as well as supporting the fostering of fabless companies.

Song Eun-sil, director of the Province's Semiconductor Industry Division, said, "We made every effort to support administrative procedures for the rapid review and approval of the Giheung Future City Advanced Industrial Complex," and added, "We will work closely with Yongin City and others to swiftly promote remaining administrative procedures so that domestic companies can secure an advantage in global technology competition."