Governor Kim Dong-yeon’s Aggressive Economic Moves... Successive Investment Attractions in Yongin Semiconductor Cluster

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province Governor Kim Dong-yeon, who has defined the current economic crisis as an emergency economy and is promoting urgent livelihood stabilization measures, is now embarking on a broad economic initiative to secure future growth engines.

According to Gyeonggi Province, Governor Kim will continue economic-related schedules over three days this week by visiting the Yongin Semiconductor Cluster site to attract investments from global semiconductor companies.

On the morning of the 5th, Governor Kim will inspect the Yongin Semiconductor Cluster site in Cheoin-gu, Yongin City, and check the progress of ongoing projects. He will then listen to local issues and suggestions, and discuss win-win cooperation plans for the success of the Yongin Semiconductor Cluster with related city and county officials, industry representatives, and affiliated organizations.

On the 6th and 7th, he will attend signing ceremonies for agreements to attract next-generation memory and non-memory research institutes and manufacturing facilities to build a domestic semiconductor ecosystem.

First, on the 6th, he will hold an investment agreement ceremony with global semiconductor equipment manufacturer Company A for the establishment of a next-generation memory semiconductor research and development center. On the 7th, he will sign an investment agreement with Company B, which has a world-renowned reputation in the field of non-memory new material development, regarding the establishment of a next-generation power semiconductor research institute.

Earlier, on the 1st, Governor Kim signed the 'Emergency Economy Response and Livelihood Stabilization Comprehensive Plan' as his first approval after taking office, and at the first executive meeting on the 4th, he ordered the formation of a 'Special Committee on Livelihood Measures' as his first directive, focusing policy on stabilizing the livelihood economy.