Gumi City Stakes Everything on Semiconductor Fab, Kim Jang-ho and Kang Myung-gu Visit Site as 'One Team'

Site Inspection Follows Groundbreaking Offer of 1,000 Won per Pyeong
Administration and Political Leaders Unite as 'One Team' to Attract Businesses

Just a day after Kim Jang-ho, Mayor of Gumi, unveiled a bold proposal to supply industrial land for semiconductor fabs at 1,000 won per pyeong, he immediately visited the industrial complex development site.

This move demonstrated once again that Gumi is staking its future on attracting national strategic semiconductor projects, with not only administrative bodies but also the local political community mobilizing full support.

On June 26, Gumi City inspected the Phase 2 development site of the Gumi National Industrial Complex No. 5.

At the site, Mayor Kim Jang-ho, National Assembly member Kang Myung-gu, local provincial and city council members, officials from Korea Water Resources Corporation Gumi Business Division, and Korea Industrial Complex Corporation Gyeongbuk Regional Headquarters gathered together, launching the 'Gumi One Team' system.

Mayor Kim Jang-ho, National Assembly member Myung-gu Kang, local provincial and city council members, representatives from Korea Water Resources Corporation’s Gumi Business Division, and the Korea Industrial Complex Corporation Gyeongbuk Regional Headquarters gathered together for an on-site group photo under the 'Gumi One Team' system.
[Photo by Gumi City]

The attendees closely examined the status of the industrial complex development, water and power supply plans, and transportation and logistics infrastructure. They also discussed support measures to ensure timely occupancy of the semiconductor fab.

This on-site inspection attracted particular attention as it took place immediately after Mayor Kim's emergency press conference the previous day, where he made the high-stakes announcement: "If a semiconductor fab is established, we will supply industrial land at 1,000 won per pyeong."

Going beyond mere declarations, Mayor Kim visited the site directly to oversee the project’s progress, demonstrating his commitment to attracting companies through concrete action.

Notably, on this day, not only the administrative organization of Gumi City but also National Assembly member Kang Myung-gu and other local political figures visited the site together, showing that the push to attract a semiconductor fab is being recognized as a joint task for the future of the region, rather than a partisan agenda, and that collective efforts are being made.

Mayor Kim Jang-ho stated, "Gumi is staking everything on attracting semiconductor fabs. We are fully equipped to meet all the requirements companies seek, including site support, power, water, workforce, and administrative assistance. We will concentrate all our resources to help Gumi emerge as a new hub for Korea’s semiconductor industry."

National Assembly member Kang Myung-gu is also committed to supporting the attraction of the national strategic semiconductor project to Gumi, serving as a bridge between the central government and the National Assembly, and continuing a support system where the local community and political sphere work together.

As the competition to attract semiconductor fabs heats up, Gumi is accelerating its efforts by employing a 'One Team Strategy,' with the administration and political community working in unison.

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