Icheon City to Foster a 'Semiconductor Materials, Parts, and Equipment Hub' Linked with SK hynix... Construction Begins on Daewol 2 Industrial Complex

Icheon Daewol 2 Complex to Become Eco-Friendly RE100 Hub
Catalyst for 'Semiconductor-Centered City' Aspirations
Scheduled for Completion in 2027, Jointly Developed with GH
48,656 m² Site in Gusi-ri, Daewol-myeon
Expected to Create 20 Billion Won in Economic Impact and Over 260 Jobs

The Daewol 2 General Industrial Complex project, which Icheon City in Gyeonggi Province is promoting as part of its efforts to become a global semiconductor hub, officially began full-scale construction this month.

Daewol 2 General Industrial Complex Official Groundbreaking. Courtesy of Icheon City

According to Icheon City on June 18, the Daewol 2 General Industrial Complex is a public development industrial park with a total area of 48,656 square meters, located in 499-2 Gusi-ri, Daewol-myeon, Icheon City. The total project cost is 11 billion won. Icheon City and Gyeonggi Housing & Urban Development Corporation (GH) are co-developing the site, with Hyolim General Construction Co., Ltd. in charge of land preparation. The project is scheduled for completion in December 2027.

Icheon City plans to develop the Daewol 2 General Industrial Complex as a “specialized industrial complex for semiconductor materials, parts, and equipment (So-Bu-Jang),” in connection with the nearby SK hynix. To maximize close cooperation among companies, the city will encourage the entry of manufacturers in metal fabricated products (C25), electronic components and communication equipment (C26), and electrical equipment (C28). The city will also provide extensive support for specialized infrastructure to facilitate organic collaboration among resident companies.

Notably, the new complex is drawing attention as an “RE100 Industrial Complex” with eco-friendly competitiveness. Icheon City’s previously signed “Public Cooperation Agreement (MOU) on Renewable Energy” with Gyeonggi Housing & Urban Development Corporation and Korea East-West Power Co., Ltd. will be applied to the project, introducing a stable, publicly led solar power infrastructure. This is expected to substantially support resident companies in responding to global regulations and fulfilling RE100 commitments.

If the Daewol 2 General Industrial Complex is successfully established, it is expected to give a significant boost to the local economy. The city anticipates that the project will generate an economic ripple effect of approximately 20 billion won and create more than 260 new jobs, providing a welcome stimulus to the regional employment market.

An official from Icheon City stated, “The Daewol 2 General Industrial Complex is a specialized semiconductor materials, parts, and equipment cluster with a close cooperative ecosystem with SK hynix. It will serve as a catalyst for enhancing the competitiveness of Icheon’s semiconductor industry. Moving forward, we will continue to foster semiconductor talent and pursue customized investment attraction strategies to actively promote mutual growth in the local economy.”

This content was produced with the assistance of AI translation services.