
Presiding over the 35th Saemangeum Committee meeting... “Transition from private investment to public leadership and foster future high-tech industrial base”
AI-generated summary
Last August, the Saemangeum Development Agency unveiled a plan to change the basic plan, advancing the target year by 15 years and converting to public-led development.
“Advancement of development goals by 15 years… Shift from private investment to public leadership”
“Saemangeum, a leading project for national land transformation… Hyundai Motors investment is also preemptively supported.”
(Seoul = Yonhap News) Reporter Lee Sang-hyun = Prime Minister Han Seong-sook said on the 28th regarding the development of Saemangeum, "We must advance the development goal by 15 years from 2050 to 2035 and make as much progress as possible within the current government's term to ensure that the results and driving force continue."
Prime Minister Han said this in his opening remarks at the 35th Saemangeum Committee meeting held at the Saemangeum 33 Center in Jeollabuk-do on this day.
He continued, “Now we must increase the speed and execution of development to produce tangible results that the people can feel,” and emphasized, “We want to change from development waiting for private investment to public-led development with public participation.”
Previously, in August, the Saemangeum Development Agency unveiled a plan to change the basic plan (MP), which aims to advance the target year by 15 years and transform the project into a public-led development.
He explained, “Advancing the goal by 15 years does not mean changing only the number of plans,” and “It means creating feasible measures by reorganizing the axis of development centered on companies and local industries under public leadership.”
At the same time, he promised, "The Saemangeum project will go beyond the regional development project in Jeonbuk and become a leading project that will lead to a major transformation of the Republic of Korea's land and balanced national growth among the five poles and three specialties."
He also emphasized, "We must progress from development that creates land to development that grows industry," and "We must expand industrial land and lay the foundation for 10GW of renewable energy to foster Saemangeum as a growth base for Korea's future high-tech industries such as AI (artificial intelligence), robots, and hydrogen."
In addition, he added, “I think we must proceed with extreme caution in stably managing water quality and preserving ecological value.”
He emphasized 'development that grows together with the region' and repeatedly ordered, "We must ensure that Saemangeum's industries and jobs are not limited to Saemangeum, but spread throughout Jeollabuk-do to become an economic zone where all regions coexist, and further a new growth engine for the Republic of Korea."
Prime Minister Han said, “The next 10 years are the time that will determine the future of Saemangeum,” and asked, “Saemangeum Office, Jeollabuk-do, and related ministries must work together as one team to quickly establish the necessary detailed plans and implement the established plans without a hitch.”
In particular, he said, "Hyundai Motor Group's announcement of an investment of 9 trillion won last February confirmed the feasibility of Saemangeum," and instructed, "Relevant ministries must proactively provide necessary support so that the investment plan can be implemented without a hitch."
AI outlook — possibilities, not facts
Promoting confirmation of changes to Saemangeum Master Plan (MP)
Very likely · Within months

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