Yoon announces $471.4B plan for chip cluster in Gyeonggi
![President Yoon Suk Yeol speaks during a live-streamed policy town hall on the semiconductor industry held at Sungkyunkwan University in Suwon, Gyeonggi, on Monday. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/01/15/1186419d-247e-40cb-b248-480de1abd8dd.jpg)
President Yoon Suk Yeol speaks during a live-streamed policy town hall on the semiconductor industry held at Sungkyunkwan University in Suwon, Gyeonggi, on Monday. [YONHAP]
President Yoon Suk Yeol announced a 622 trillion won ($471.4 billion) plan to build "the world's largest" chip cluster in southern Gyeonggi on Monday.
Yoon expects the project to create at least 3 million jobs over the next 20 years.
The comment came during Yoon's opening remarks for a live-streamed policy forum on the semiconductor industry held at Seongkyunkwan University in Suwon, Gyeonggi.
BY SHIN HA-NEE [shin.hanee@joongang.co.kr]
with the Korea JoongAng Daily
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