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Development Plan for National High-tech Cluster

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High-tech industrial complexes will be constructed across the nation in a balanced manner by fostering regionally specialized industries to develop future and high-tech industries. Proposals for demands for technologies and locations of industrial complexes were made by each region after they had analyzed their comparative advantages, before the central government selected potential industrial-complex sites after accounting for their relevance to the national strategic industries and balanced growth throughout the nation. A total of 15 national industrial complexes will be constructed on sites spanning 40.76 million ㎡, which will come with a significant support by the government to induce corporate investment in an attempt to nurture future and high-tech industries, such as semiconductors, future vehicles, aerospace, and nuclear power.

Details of Selection Process

Details of Selection Process Details of Selection Process Large view of images
Local governments are at the forefront of these development plans leading the efforts to nurture high-tech industries under multi-faceted support from the central government for implementing their plans, which indicates these projects are to promote genuine growth in local areas.
  1. Regulations concerning restricted development zones (RDZ), that have been a roadblock to constructing industrial complexes in the local regions, will be eased to ensure seamless process of industrial complex site selection as planned. Urban Innovation Hubs (MOLIT), National Advanced Strategic Industries, Specialized Complex for Materials, Parts, Equipment (MOTIE), and Smart Innovation Districts (MSS) will be located mainly in non-capital areas, including currently candidate sites for industrial complexes and their neighboring areas, to make sure these industrial complexes take root in the local regions.
    ※ (Benefits) Support construction of smart offices in rural areas/KRW 4 billion investment by 2023
  2. Going beyond building just manufacturing and production facilities, overall life-cycle system raging from technology development, demonstration to logistics will be built, which will be connected with nearby industrial hubs (existing industrial complexes, intermediary supporting organizations) to boost the integrity of the ecosystem. Talents in semiconductor and other high-tech industries will be fostered in local areas by expanding semiconductor contract departments in universities, designating specialized universities (graduate schools) and Korea Institute of Startup & Entrepreneurship Development (KISED)*, and coming up with supportive measures for meister high schools.
    ※ (Benefits) Commercialization funds (up to KRW 100-300 million), capacity strengthening programs
  3. In order to speed up the establishment of industrial complexes, while fully reflecting practical needs, prior discussions with the organizations concerned and expedited preliminary feasibility tests will take place to guarantee the timely completion of the projects. In addition. “Pan-Government Promotion Group for National High-Tech Industrial Belt” will be formed to make sure companies are able to engage in the industrial complex projects from planning stage.
  4. Lastly, the Basic Plan for Smart and Green Industrial Complex was established to respond to climate change and carbon neutrality, and measures to improve living conditions in the industrial complexes to create a youth and worker-friendly environment were discussed.
Major changes in Strategies in Establishment of Industrial Complex
Major changes in Strategies in Establishment of Industrial Complex Major changes in Strategies in Establishment of Industrial Complex Large view of images