Semiconductor and Secondary Battery Industrial Complex to Be Established in Jigot-dong, Osan

New Allocation of 162,000㎡ at Jigot General Industrial Complex
Construction Starts in 2025... "Expecting 300 Billion Won Economic Impact"

An industrial complex covering 160,000㎡ will be established in the Jigot-dong area of Osan-si, Gyeonggi-do, focusing on semiconductor and secondary battery-related industries.

Osan-si, Gyeonggi-do announced on the 24th that the Gyeonggi-do Industrial Location Deliberation Committee has confirmed the allocation of a new volume of 162,026㎡ for the development of the Jigot General Industrial Complex.

The Jigot General Industrial Complex is being promoted through a real demand development method, where the project operator requests the local government to develop the industrial complex. Accordingly, four companies, including LOT Vacuum, a vacuum specialist company, will move into this industrial complex.

The city plans to receive the industrial complex plan approval application from the project operator within this year, complete the permits and approvals process, and commence construction in 2025.

The city particularly expects that the entry of these companies into the industrial complex will generate a production inducement effect of 239.7 billion KRW and create employment for about 800 people.

Lee Gwon-jae, Mayor of Osan-si, stated, “While re-challenging to attract a specialized complex for semiconductor materials, parts, and equipment, we will also do our best to attract companies related to advanced industries to lay the foundation for an economically self-sufficient city.”

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