Article

Samsung, SK, Hyundai Motor, LG, Lotte, POSCO, Hanwha, HD Hyundai, GS, and Hanjin groups aim to invest 270 trillion KRW in non-capital regions from 2023 to 2030. Key projects include semiconductor facility expansions, battery production enhancements, and AI development.

If realized, these investments could lead to 525 trillion KRW in production-inducement and 221 trillion KRW in value-added effects over five years. The Korea Enterprises Federation calls for regulatory easing and government support to ensure smooth execution of these plans.