Koo Yun-cheol, Deputy Prime Minister and Minister of Economy and Finance, reports during a Cabinet meeting at the Government Complex Sejong on the 11th. /Courtesy of News1

The government said on the 13th it will add secondary-battery resource regeneration (recycling) to the list of eligible industries for tenants in the Gumi and Pohang national industrial complexes and support about 100 billion won in new investment.

On this day, the government announced "on-site-centered corporate investment and innovation support measures" at a meeting of the Emergency Economic Headquarters and a meeting of related economic Ministers, chaired by Koo Yun-cheol, Deputy Prime Minister and Minister of Economy and Finance.

Until now, only manufacturing, as a secondary-battery-related industry, could move into the Gumi and Pohang national industrial complexes, but the government will also add secondary-battery resource regeneration to the eligible categories.

The government will also push to amend the Building Act so that, in industrial complexes above a certain size, such as the Yongin semiconductor cluster, expansion buildings can obtain separate permits independent of existing building permits. Until now, under the Building Act's one-lot, one-permit principle, whenever expansion of new buildings was pursued during factory construction, a change to the existing building permit was required each time.

In addition, to promote win-win cooperation in the semiconductor sector, property and gains donated to testbed support corporations operated based on contributions from semiconductor corporations will be exempt from gift tax.

To allow a bio corporations reviewing expansion of manufacturing facilities within the Ochang Science Industrial Complex to expand a plant physically connected to the existing manufacturing facilities, the city will push to change the land-use designation of, and purchase, green space owned by Cheongju that is adjacent to the existing facilities.

In addition, within the Iksan National Food Cluster, the site for beverage manufacturing, which has a low sales rate, will be swiftly changed to a site for food and beverage manufacturing, for which there is high demand from corporations, to spur new investment.

If needed for new industries or RE100, the designation cap for restricted-industry planning zones within industrial complexes, where all industries are allowed to move in, will be expanded from 30% to 50%.

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