‘SK Green Techno Campus’ to be established in Bucheon Daejang New Town… SK Group invests 1 trillion won (Comprehensive)

137,000㎡ Site Planned for Development in 2027
7 Affiliates Including SK Innovation to Move In

SK Group will invest 1 trillion KRW to establish the ‘SK Green Techno Campus’ (tentative name) in the Urban High-Tech Industrial Complex within the Bucheon Daejang Public Housing District (Bucheon Daejang New Town). The plan is to consolidate eco-friendly technology capabilities such as batteries and renewable energy through the creation of the Green Techno Campus, with about seven SK Group affiliates expected to move in.

According to SK Group and Korea Land & Housing Corporation (LH), on the 4th, officials from Gyeonggi Province, Bucheon City, Bucheon Urban Corporation, SK Innovation, and LH gathered at Bucheon Art Center in Bucheon City, Gyeonggi Province, to sign a residency and investment agreement for attracting the SK Green Techno Campus. Attendees at the signing ceremony included LH President Lee Han-jun, Gyeonggi Province Governor Kim Dong-yeon, Bucheon Mayor Cho Yong-ik, and SK Innovation CEO Kim Jun.

According to the agreement, SK Group will build the SK Green Techno Campus, an R&D complex for eco-friendly technology development such as next-generation batteries, semiconductor materials, and carbon reduction, in the Bucheon Daejang 1st Urban High-Tech Industrial Complex. The site covers approximately 137,000㎡ (41,000 pyeong), and SK Group plans to invest 1 trillion KRW by 2027.

On the afternoon of the 4th, at Bucheon Art Center, Won Myeong-hee, President of Bucheon Urban Corporation, Jo Yong-ik, Mayor of Bucheon, Kim Dong-yeon, Governor of Gyeonggi Province, Kim Joon, Vice Chairman and CEO of SK Innovation, and Lee Han-jun, President of LH (from left), are taking a commemorative photo at the Bucheon Daejang District Urban High-tech Industrial Complex occupancy and investment agreement ceremony.
[Photo by LH]

SK Group plans to house seven affiliates here, including SK Innovation, SK Energy, SK Geocentric, SK On, SK E&S, SKC, and SK Materials. To meet the growing demand in the eco-friendly business sector, the R&D personnel from each affiliate will be gathered in one place to maximize work efficiency. Accordingly, about 3,000 R&D personnel are expected to work at this facility, with plans to conduct new hiring if necessary.

The key research areas include eco-friendly energy transition technologies such as batteries and hydrogen, and environmental solutions like CCUS (Carbon Capture, Utilization, and Storage). They will develop next-generation battery cells and materials, research eco-friendly foundational technologies such as nano materials, and low-power semiconductor materials. In addition to establishing the new facility, SK Group plans to expand investments in existing research facilities such as the SK Daedeok Research Complex in Yuseong-gu, Daejeon.

Since 2020, SK Group Chairman Chey Tae-won has emphasized through CEO seminars that "affiliates that have adopted eco-friendly business strategies must come together to discuss and find ways to realize these strategies."

Accordingly, in 2020, SK Group established the Environmental Business Committee within the Supex Council, a consultative body of affiliate CEOs, and has been reviewing plans to build an R&D hub to secure sustainable eco-friendly growth engines at the group level.

Gyeonggi Province, LH, and Bucheon Urban Corporation, the project implementers of Bucheon Daejang New Town, will actively cooperate in fulfilling all administrative procedures to support the timely occupancy of the SK Green Techno Campus.

President Lee Han-jun said, “We expect the attraction of the SK Green Techno Campus to accelerate the early activation of Bucheon Daejang New Town and create high-quality jobs,” adding, “We will also actively work to make Bucheon Daejang New Town a premium city by introducing smart technologies such as IT and mobility and constructing noise-free housing between floors.”

Meanwhile, Bucheon Daejang New Town was designated as a public housing district in May 2020, with a total of 19,066 housing units to be supplied. LH aims to start construction in July.

This content was produced with the assistance of AI translation services.