Icheon Mayor Seong Suseok Invites 13 Semiconductor Firms, Seeks to Attract Investment on Site

Icheon City invites 13 promising semiconductor companies
Companies identified at expos in South Korea, the U.S. and Taiwan
Showcases industrial complexes, training and technical support facilities
Plans tailored consultations on relocation, new establishments and expansions

Icheon City, Gyeonggi Province, has invited 13 advanced technology and semiconductor companies it identified at semiconductor expos in South Korea, the United States and Taiwan. The city plans to show the companies industrial complexes and facilities for workforce training and technical support, and discuss each company's site requirements and support needs in a bid to attract investment.

Icheon Mayor Seong Su-seok poses for a commemorative photo after an on-site visit and investment briefing attended by 21 people, including representatives of 13 companies from outside the city, Gyeonggi Province, and the Gyeonggi Business & Science Accelerator, on the 11th. Provided by Icheon City.

On November 11, Icheon City, led by Mayor Seong Suseok, held an investment briefing and on-site tour attended by 21 people, including representatives of 13 companies based outside the city and officials from Gyeonggi Province and the Gyeonggi Business & Science Accelerator. The participating companies were among those the city had contacted at SEMICON Korea, SEMICON West in the United States and SEMICON Taiwan.

At the briefing, the city introduced the location advantages of its industrial complexes, investment incentives and business support programs, and held consultations tailored to each company's investment needs. The participants then toured the Icheon Semiconductor Convergence Education Center, Daewol 2 General Industrial Complex and the Semiconductor Comprehensive Solution Center of the Korea Institute of Ceramic Engineering and Technology.

Icheon City outlined the semiconductor industry base built around SK hynix, its access to the Seoul metropolitan area, and its capacity for workforce training and technical support.

Based on the areas of interest and site requirements identified for each company at the event, Icheon City plans to continue consultations and jointly review locations suited to their investment plans.

A representative of a participating company said, "It was meaningful to see firsthand Icheon's semiconductor industry base and investment site conditions. We were also able to take a comprehensive look at the business support programs and related infrastructure, which we expect will help us consider future investments."

Icheon Mayor Seong Suseok (left) explains the city’s semiconductor industry infrastructure and business support plans to representatives of advanced technology and semiconductor companies participating in an investment attraction tour at the Semiconductor Comprehensive Solution Center of the Korea Institute of Ceramic Engineering and Technology on the 11th. Provided by Icheon City.

Mayor Seong Suseok said, "We need to move beyond passively waiting for companies to come to us and adopt a proactive strategy of identifying promising companies, attracting them to the area and turning that interest into actual investment. We will step up tailored consultations and follow-up support for companies interested in investing, drawing on the network we have built at domestic and international expos, and focus our administrative capabilities on helping companies realize relocation, new establishment and expansion investments in Icheon."

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