Creation of a 260,000㎡ Industrial Complex Near Yongin Semiconductor Cluster

SK Hynix Semiconductor Cluster Within 1km
SoBuJang-Related Companies Move In... Completion Targeted for 2009

SK Hynix is investing 12 billion KRW to establish an additional semiconductor materials, components, and equipment industrial complex covering 260,000㎡ near the semiconductor cluster in Yongin, Gyeonggi Province, by 2029.

Yongin City announced on the 18th that it has been allocated the 'Yongin Semiconductor Cooperation General Industrial Complex' of this scale in the Wonsam-myeon area of Cheoin-gu at the recent Gyeonggi Province Industrial Complex Location Deliberation Committee meeting.

A panoramic view of the Wonsam-myeon area in Yongin, Gyeonggi Province, where SK Hynix is investing 120 trillion won to create a semiconductor cluster.

The newly allocated industrial complex is about 1 km from the Yongin Semiconductor Cluster and is intended for semiconductor-related materials, components, and equipment companies. The complex will be developed through a public-private partnership led by a special purpose corporation (SPC) invested by Yongin Urban Corporation. The city plans to complete the industrial complex plan approval by 2025, start construction in 2026, and finish development by 2029.

The industrial complex allocations are assigned to city and provincial governors every three years by the Ministry of Land, Infrastructure and Transport according to the 4th Metropolitan Area Readjustment Plan. Each city and provincial governor reviews project plans submitted by local cities and counties to finalize the allocation of industrial complex quotas.

The allocated industrial complex was reflected in the detailed supply plan for Gyeonggi Province's industrial areas in September last year and was finally approved by the Gyeonggi Province Industrial Location Deliberation Committee on the 14th.

A Yongin City official expressed expectations that "once the industrial complex is established, it will create a synergy effect with the Yongin Semiconductor Cluster, where SK Hynix and over 50 partner companies are located."

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