The Democratic Party of Korea will launch a party-government consultation to back the government's "Korea great leap three mega project," which includes creating a southwest region semiconductor cluster by Samsung Electronics and SK hynix.

Han Byeong-do, floor leader of the Democratic Party of Korea, speaks during the Supreme Council meeting at the National Assembly on the 3rd. /Courtesy of Yonhap News

Han Byeong-do, floor leader of the Democratic Party of Korea, held a supreme council meeting at the National Assembly on the morning of the 3rd and said, "With corporations making decisions and the hardworking Lee Jae-myung administration pledging full support, it is now the National Assembly's turn to back them with swift legislation," adding, "We will enact a special act on mega-special zones that includes regulatory exceptions and comprehensive policy support, centered on a task force (TF) to support the three mega projects."

The Democratic Party formed a TF to support the special act on mega-special zones at the supreme council meeting on the 1st. The Chairperson will be Policy Committee Chair Han Jeong-ae, and, it said, members will include the senior vice chair of the Policy Committee and the senior deputy floor leader.

The special act on mega-special zones pushed by the Democratic Party will also review related bills, such as amendments to the Framework Act on Water Management and the Water Supply and Waterworks Installation Act, to expand large-scale power supply and ensure smooth industrial water supply. It also plans to work on securing a budget for infrastructure building.

Kang Jun-hyun, senior spokesperson for the Democratic Party, met with reporters right after the supreme council meeting and said, "We will fully launch the TF to support the mega project and will also hold a party-government consultation to discuss support measures."

Kang, the senior spokesperson, said, "Once the TF is formed, it will proceed with consultations with the government, and regarding legislative tasks, party-government meetings with the government by each standing committee will follow," adding, "As the budget season is approaching, we must push forward legislative and budget issues in parallel." He went on to stress, "We need to fully mobilize and operate all bodies, including standing committees and party-government consultations."

In addition, a high-level party-government meeting, where the government and the ruling party discuss key state affairs and policies and finalize coordination on legislative and budget support measures, is expected to be held soon. Kang, the senior spokesperson, said, "As it has usually been held once a month, it is expected to be held soon."

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