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'Yongin Vision 2040' Implementation Plan Materialized...Semiconductor Research and Ecosystem Development 'Prioritized'

Yongin City Materializes Future City Development StrategyReports on Detailed Project Implementation PlansFinal Review of 58 Projects across 5 SectorsMayor Sang-il Lee Urges "Seamless Execution"
On the 11th, the 'Yongin Vision 2040' detailed project implementation plan briefing session was held at the city hall video conference room for future city development strategy
Mayor Sang-il Lee of Yongin Special City delivers remarks at the 'Yongin Vision 2040' detailed project establishment briefing session held on the 11th at the city hall video conference room. /Yongin City

The 'Yongin Vision 2040' future development strategy disclosed by Yongin Special City (Mayor Sang-il Lee) on the 11th focuses on semiconductor-related support measures for Yongin to become a global semiconductor hub city.

On the 11th morning, the city held a 'Future City Development Strategy Yongin Vision 2040 Detailed Project Implementation Plan Establishment Briefing Session' at the city hall video conference room, conducted a final review of implementation plans for 58 projects, and discussed departmental implementation plans starting next year.

Mayor Sang-il Lee said, "Strengthen inter-departmental cooperation systems to ensure each project proceeds smoothly as planned, and with significant budgets being invested, please prepare good budget acquisition plans," and urged, "Thoroughly understand this implementation plan so that it can proceed regardless of which department you are assigned to through personnel transfers, and push forward without any setbacks."

'Yongin Vision 2040' contains a mid- to long-term future city development strategy that presents Yongin's future growth direction based on five major sectors—▲Urban·Transportation ▲Industry·Economy ▲Culture·Tourism ▲Environment·Safety ▲Administration·Welfare·Education—and 21 sectoral development strategies.

In particular, the city will additionally provide facilities to strengthen semiconductor research and development functions, support space for startups and relocation of materials, parts, and equipment (MPE) companies, and attract university and corporate research facilities.

Through these facilities and Trinity Fab, the city will support companies' basic and applied research and create a semiconductor materials, parts, and equipment (MPE) ecosystem to realize semiconductor technological superiority.

For semiconductor cluster companies, the city will remove initial entry barriers through one-stop administrative support and close support, including consulting from investment consultation to settlement support, and plans to establish semiconductor industry-linked new business hubs in each new city.

To support startups, Yeongdeok Startup Incubation Center will operate with specialization in semiconductors and artificial intelligence (AI), while Dongbaek Startup Incubation Center will operate with specialization in bio and healthcare, and the Yongin Industrial Promotion Agency headquarters will be transformed into an integrated hub overseeing policy, business, investment, and external cooperation.

The city plans to seamlessly promote expansion of a wide-area expressway network totaling 232.6 kilometers, including the ▲Semiconductor Expressway ▲Yongin~Chungju Expressway ▲Second Yeongdong Connection Expressway ▲Yongin~Seongnam Expressway ▲Second Yongin~Seoul Expressway ▲Osan~Yongin Expressway ▲Gyeongbu Underground Expressway ▲Yeongdong Underground Expressway to connect semiconductor belts.

The city will complete the establishment of detailed project implementation plans by the end of this year reflecting the results of this briefing session, and will pursue detailed projects reflecting the results of the 2027 final budget confirmation, etc.

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