HomeWorldAsiaSouth Korea's Lee wants military airbase relocated by mid-2028 for chip cluster

South Korea’s Lee wants military airbase relocated by mid-2028 for chip cluster

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SEOUL, Aug ‌10 (Reuters) - South Korean President Lee ​Jae Myung on Monday urged the Defence ⁠Ministry to relocate a military airbase in Gwangju city by mid-2028 in order ​to accelerate the construction of a semiconductor ‌manufacturing hub in the area.

The remark came after his administration unveiled plans in ⁠June worth more than $576 billion ⁠involving Samsung Electronics and SK Hynix expanding their operations to build new chip fabrication facilities in the country's ‌southwest region.

"It would be great if the ⁠Defence Ministry would be ‌able to temporarily relocate ​the functions of the Gwangju military airbase to another base by mid-2028," ‌Lee said at a ​meeting attended by ⁠company executives on the planned chip ‌cluster.

The 8.3 million-square-metre (9.9 ⁠million-square-yard) site was picked last month due to its transport connections and since ​the land ‌had already been levelled, the Yonhap News ⁠Agency reported, citing ​a presidential official.

(Reporting by Heejin KimEditing ​by Ed Davies)

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