Governor Choo Mi-ae Urges Swift Progress on Gyeonggi Future Investment Corporation

Gyeonggi Province Governor Choo Mi-ae has been actively encouraging the establishment of the "Gyeonggi Future Investment Corporation" (tentative name) to expand the province's future growth engines.

On July 20, Governor Choo presided over the second strategic task force meeting for the Gyeonggi Future Investment Corporation at her office in the Gyeonggi Provincial Government Complex in Gwanggyo, Suwon.

At the meeting, Governor Choo called for the signing of memorandums of understanding (MOUs) with key semiconductor industry hubs—Suwon, Hwaseong, Pyeongtaek, Icheon, Anseong, and Osan—within this year in order to swiftly secure a stable pool of joint investment resources for the (tentative) Gyeonggi Future Investment Corporation.

Gyeonggi Province Governor Choo Mi-ae is presiding over the 2nd meeting of the Gyeonggi Future Investment Corporation TF in her office on the 20th. Provided by Gyeonggi Province

She also expressed hope that if regions such as Gwangju, through which power transmission lines and water supply pipes pass, participate in the investment, infrastructure such as electricity and water supply could be built rapidly. In addition, she stressed that the establishment of the Gyeonggi Future Investment Corporation is both a solution to the province's fiscal crisis and a key driving force for sustainable growth.

Gyeonggi Province plans to launch the corporation in the second half of next year by steadily proceeding with administrative procedures such as assessing viability, conducting deliberations, and enacting related ordinances, starting with the operation of the task force in July of this year.

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