Anseong City Accelerates Development of 762.9 Billion Won "Semiconductor Materials, Parts, and Equipment Campus"

141.3 Billion Won Invested in Infrastructure such as Access Roads and Wastewater Facilities
Discussions Held on Securing National Funding and Financial Resources
City: "We Will Expedite the Permitting Process as Much as Possible"

Anseong City in Gyeonggi Province is accelerating the development of the "Semiconductor Materials, Parts, and Equipment Anseong Campus," a project with a total budget of 762.9 billion won.

Aerial view of Anseong City Hall.

Anseong City (Mayor Kim Bora) announced on the 19th that, on the previous day, it held a working committee meeting with the deputy mayor and heads and staff from related departments such as the Advanced Industry Division, Road and Facilities Division, and Environment Division, to discuss methods for installing basic infrastructure and plans for securing financial resources.

The Semiconductor Materials, Parts, and Equipment Anseong Campus is a project to transform the former Dongsin General Industrial Complex into a hub for the semiconductor materials, parts, and equipment industry. Of the total project cost, 141.3 billion won will be allocated for the construction of essential infrastructure such as roads and a public wastewater treatment facility.

During the meeting, participants discussed a plan for Anseong City to directly construct a 2.3-kilometer section connecting National Route 38 and Local Road 302 to improve industrial complex access roads, with support from national government funds. They also reviewed the possibility of financial support for infrastructure within the industrial complex.

It was proposed that, in accordance with relevant laws, Korea Industrial Complex Corporation, the project operator, would directly fund and construct the public wastewater treatment facility, while Anseong City would take charge of its operation and management after completion.

An Anseong City official stated, "Based on continuous operation of the working committee, we will quickly expand the basic infrastructure and expedite the permitting process as much as possible. We will mobilize all administrative capabilities to ensure the Semiconductor Materials, Parts, and Equipment Anseong Campus is successfully established at an early stage as a core hub of Korea’s semiconductor industry."

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