Business · Economy · 1 hr ago
Jeonnam-Gwangju plans a wider semiconductor industry network
Jeonnam-Gwangju Special City plans to connect Gwangju’s semiconductor cluster with industrial sites in the region’s western and eastern areas.
It wants Muan National Industrial Complex in the west to become a semiconductor industry hub.
In the east, the plan would develop Yeosu’s petrochemical industry to make chemical materials for semiconductors.
The city says it will start drawing up an industry development plan in November and seek to include eastern industrial sites in a proposed Honam semiconductor cluster.
It also aims to attract companies that make semiconductor materials, components and equipment, and to train workers.
Yeosu’s petrochemical industry faces pressure from global oversupply and high costs, and the city is providing support as the sector changes.
The plan is intended to help existing industries move into higher-value work and encourage new investment and jobs, though those results are not certain.
Jeonnam-Gwangju plans to link its semiconductor cluster with industrial sites in the region’s southwest and east.
The plan would develop Muan National Industrial Complex as a semiconductor hub and Yeosu’s petrochemical industry as a source of semiconductor chemical materials.
The integrated city plans to begin drawing up a development plan for semiconductor chemical materials in November.
It also aims to attract companies and train workers to build a wider industrial ecosystem and help existing industries move into higher-value production.
- Who
- Jeonnam-Gwangju Integrated Special City.
- What
- It plans to connect industrial sites in the southwest and east with its semiconductor cluster.
- When
- The city plans to begin drawing up a development plan in November 2026.
- Where
- The plan covers the Jeonnam-Gwangju region, including Muan in the southwest and Yeosu in the east.
- Why
- The city aims to develop a wider semiconductor industry ecosystem and help existing industries shift to higher-value production.
This story does not have two clearly opposing sides.
Mayor Min Hyung-bae announced a strategy to develop industry in the southwest, including Muan National Industrial Complex.
The integrated city and its council outlined plans to link industrial sites in the region’s east and southwest with the semiconductor cluster.
The city plans to begin drawing up a plan to develop the semiconductor chemical materials industry.
- Southwest hub
- Muan National Industrial Complex
- Eastern industrial base
- Yeosu petrochemical industry
- Planned start
- November 2026
- Industry targets
- Semiconductor chemical materials, parts and equipment companies
- Additional regional links
- Renewable energy in Sinan, an AI computing center in Haenam, and shipbuilding in Yeongam and Mokpo
What people are saying
We will develop Muan National Industrial Complex as one axis of the Honam region's semiconductor industry ecosystem and connect it with renewable energy in Sinan, the national AI computing center in Haenam, and the shipbuilding industry base in Yeongam and Mokpo.
Sources
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