Governor Kim Dong-yeon: "I will attract 100 trillion won investment to Gyeonggi-do within my term"

Gyeonggi Province Governor Kim Dong-yeon is delivering a provincial government speech at the Gyeonggi Provincial Council's extraordinary session on the 7th. Photo by Gyeonggi Province

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Kim Dong-yeon, Governor of Gyeonggi Province, announced that he will promote domestic and foreign investment worth 100 trillion won during his term.

On the 7th, Governor Kim stated in his policy speech at the Gyeonggi Provincial Council's extraordinary session, "We will attract 100 trillion won in domestic and foreign investment during my term to revitalize the stagnant economy and bring dynamism to the economy," adding, "We will attract large-scale investments focusing on future industries such as semiconductors, bio, advanced mobility, AI, and big data to create advanced industrial clusters by region and establish the second and third Pangyo Techno Valleys."

In particular, he explained, "Using the global human network built while serving as Deputy Prime Minister for Economy and other positions, and mobilizing all resources of Gyeonggi Province, we aim to attract 100 trillion won in investment during my term, attracting not only domestic large corporations but also global companies," and added, "In the past six months since taking office, we have already attracted or are in the process of attracting investments amounting to 5 trillion won overseas alone."

Earlier, after taking office last year, Governor Kim achieved the feat of attracting the world's top four semiconductor companies?Applied Materials (AMAT), Lam Research, ASML, and KLA Denko?to Gyeonggi Province.