LH will invest an additional 2 trillion won in the Gwangmyeong-Siheung public housing district and the Yongin semiconductor national industrial complex. Of the new funding, 1.3 trillion won is earmarked for compensation in Gwangmyeong-Siheung, a 12.71 million-square-meter project planned to supply 67,000 homes, while 700 billion won will go to Yongin.
LH says it will speed up compensation and follow-on construction in Gwangmyeong-Siheung, and complete compensation procedures in Yongin within the year to support a first fab groundbreaking in 2028. These dates and construction steps are LH plans, while the additional funding and allocations are the reported decisions.
