Creation of a 1.58 Million㎡ Advanced Complex Industrial Park Near Samsung Electronics Pyeongtaek Campus
Pyeongtaek City Supports Semiconductor Industry... Phase 1 Completion by End of Next Year
Pyeongtaek City in Gyeonggi Province announced on the 13th that it is promoting the creation of an advanced complex industrial park to support the semiconductor industry near Samsung Electronics' Godeok Campus.
The industrial complex to be established this time will be located in the Bangchuk-ri area of Godeok-myeon, south of the Godeok Campus, covering a total area of 1.58 million square meters.
The development of the industrial complex will proceed in two phases. First, in phase 1, facilities to supply nitrogen gas and other materials to the Godeok Campus will be constructed on a scale of 460,000 square meters. Pyeongtaek Complex Industrial Park Project Financing Vehicle (PFV) will invest 435.8 billion KRW and plans to complete construction by the end of next year. The city plans to approve the industrial complex plan within this month after undergoing the local industrial complex plan review by Gyeonggi Province.
The phase 2 project will cover an area of 1.12 million square meters, where semiconductor materials, parts, and equipment companies will be located. The city expects to approve the plan around the end of next year after receiving the industrial complex development plan application from the project implementer and conducting disaster impact assessments.
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A Pyeongtaek city official said, "Once the advanced complex industrial park is completed, it will contribute to the national competitiveness in the semiconductor sector by creating a semiconductor ecosystem centered around Samsung Electronics."
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