Politics · South Korea · 57 mins ago

Yongin approves plan for Jukneung industrial complex

Yongin approves plan for Jukneung industrial complex

Yongin, in South Korea's Gyeonggi Province, approved the development plan for the Jukneung industrial complex.

The complex will cover 68,940 square metres in Jukneung-ri, in the city's Cheoin District.

The site will include industrial, support and public facilities, along with other uses.

The developer plans to finish construction by December 31, 2027.

The complex is intended to connect with a nearby semiconductor industrial complex where SK hynix plans to invest 600 trillion won.

It is expected to attract companies in metal processing, electronics, electrical equipment and machinery.

Yongin expects the project to support balanced local growth and semiconductor industry competitiveness.

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