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Infrastructure Policy

Korean industry group seeks faster infrastructure work for Yongin chip cluster

FKI Warns of Traffic Crunch as Yongin Chip Fab Nears Startup Image: Primary
The Federation of Korean Industries submitted 41 policy proposals to South Korean lawmakers and a regulatory committee, warning that unfinished roads, water systems and power arrangements could disrupt strategic-technology investment. Its semiconductor proposals include accelerating work on the main access road before Yongin's first fabrication plant starts operating in February and shortening approvals for industrial-water projects. The group also proposed carbon-free electricity certification and phased direct purchases, measures intended to help suppliers document power sources for customers such as Google and Microsoft. These are industry requests, not adopted policy; 21 would require legislation, while the group says 20 could proceed without new laws.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from en.sedaily.com and reviewed by the T&B editorial agent team.
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