Ruling Party Mobilizes Full Support for Three Major Mega Projects... Holds Talks with Samsung and SK Hynix in Yongin

"Timely Legislative and Institutional Support"
"On-Site Inspections for Regulatory Reforms"

As the Lee Jae-myung administration continues to emphasize the need for swift progress on the "three major mega projects," the ruling Democratic Party of Korea is rallying its support for these initiatives.

Byungdo Han, Acting Leader of the Democratic Party of Korea and Acting Floor Leader, stressed at a party floor countermeasure meeting on August 11, "We will ensure that the three major mega projects contribute to the growth of all of Korea by providing timely support through necessary legislation and institutional frameworks."

Byungdo Han, Acting Leader and Floor Leader of the Democratic Party of Korea, is speaking at the party strategy meeting held at the National Assembly on August 7, 2026. Photo by Hyunmin Kim

The Democratic Party of Korea plans to push for the enactment of the Special Act on Mega Special Zones and launch the growth projects within this year, in line with President Lee Jae-myung's directives. The Special Act on Mega Special Zones is legislation currently being promoted by the government and the ruling party with the aim of providing comprehensive support—including fiscal, financial, tax, and infrastructure packages.

The party is also addressing the legal requirements for these projects through on-site visits. On this day, the Democratic Party's Special Committee to Support the Three Major Mega Projects, led by Acting Leader Byungdo Han, will visit the site of the semiconductor cluster construction in Yongin. Han stated, "We will listen to on-site recommendations regarding the establishment of power supply, water, supply chains, and transportation infrastructure needed for early operation, and will personally inspect foundational facilities and issues associated with regulatory reforms."

The party will also hold on-site meetings with companies such as Samsung Electronics and SK hynix. Policy Committee Chair Jung-ae Han remarked, "We will closely monitor not only Yongin but also the situation in other regions," adding, "We will develop Yongin into the world's leading semiconductor cluster, create a second production base in the Honam region, and establish new hubs—such as for packaging and parts and materials—in other regions like Chungcheong and Yeongnam to reinforce and strengthen the semiconductor supply chain."

In addition, the National Assembly's Climate-Energy-Environment-Labor Committee will convene a full session on August 12 to receive a work report from the Ministry of Employment and Labor regarding the Special Act on Mega Special Zones. They are expected to discuss measures to both safeguard workers' health and enhance companies' capacity for innovation concerning the possible introduction of a "52-hour workweek exception," a matter that has sparked debate during recent project developments.

Meanwhile, party leadership candidates are also highlighting the importance of the three major mega projects. Candidate Minseok Kim pledged to make the "three major mega projects for the Honam region" the Democratic Party's top priority based on harmonious party-government relations, while candidate Cheongrae Jeong emphasized the urgency by vowing to introduce a semiconductor special act within this year.

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