Mayor Choi Wonyong: "Speed Is Key in Semiconductors"... Launching Pyeongtaek-Style Materials, Parts, and Equipment Ecosystem

On-Site Visit to Samsung Electronics Pyeongtaek Campus
Discussion on Semiconductor Industry Development and Win-Win Cooperation
Choi Wonyong: "Administrative Support Is Essential for Semiconductor Investment"

Choi Wonyong, Mayor of Pyeongtaek, emphasized that "speed is competitiveness in the semiconductor industry" as he visited the Samsung Electronics Pyeongtaek Campus and announced plans to accelerate the development of the semiconductor industry and the establishment of a local materials, parts, and equipment (so-called 'SoBuJang') ecosystem.

Choi Wonyong, Mayor of Pyeongtaek, visited Samsung Electronics Pyeongtaek Campus on the 9th and is taking a commemorative photo with company officials. Provided by Pyeongtaek City

On July 9, Mayor Choi visited the Samsung Electronics Pyeongtaek Campus and held a meeting with company officials to discuss prompt administrative support for large-scale investments and measures for regional coexistence. This visit reaffirmed the administration's commitment to making the semiconductor industry a core growth axis since the launch of the ninth civil government.

Mayor Choi stated, "Since timing and speed are critical in the semiconductor industry, we will further strengthen the existing administrative support system to ensure that large-scale investments can be carried out in a timely manner." He also added, "We will closely cooperate with the central government, Gyeonggi Province, and relevant agencies to proactively coordinate complex administrative procedures, including permits and approvals."

He further emphasized, "The growth of Samsung Electronics should not remain limited to a single company. We will foster a virtuous industrial cycle in which strengthened competitiveness of local materials, parts, and equipment partners and innovative startups leads to mutual growth. We will spare no effort to build a Pyeongtaek-style semiconductor ecosystem where large corporations and small and medium-sized enterprises grow together."

This visit was organized to support stable investment and production activities at the Samsung Electronics Pyeongtaek Campus, which is being developed as the world's largest semiconductor production base, while also exploring ways to connect this with the advancement of local industries through cooperation.

Samsung Electronics is currently building a semiconductor production base totaling 2.87 million square meters, including Pyeongtaek Campus Site 1 (P1–P4) and Site 2 (P5 FAB1 and P5 FAB2). P5 FAB1, the construction of which was officially announced at the end of last year, is under construction with the goal of beginning operations in 2028.

Choi Wonyong, mayor of Pyeongtaek City, visited the Samsung Electronics Pyeongtaek Campus on the 9th and held a meeting with company officials to discuss swift administrative support for large-scale investments and regional coexistence plans. Courtesy of Pyeongtaek City

Pyeongtaek City is pursuing the "development of a Pyeongtaek-style materials, parts, and equipment ecosystem for the semiconductor industry" as a key policy initiative of the ninth civil administration. Based on ordinances and comprehensive plans to support the semiconductor industry, the city aims to enhance the technological sophistication and competitiveness of local SoBuJang companies, and to establish an industrial ecosystem in which large corporations such as Samsung Electronics and partner companies grow together. Through these efforts, Pyeongtaek seeks to become a global hub for the semiconductor industry.

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