Megaproject management

President Lee Jae Myung told officials to cut red tape and speed up investment in AI and semiconductor megaprojects during a Blue House progress review.

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President Lee Jae Myung, fourth from left, speaks during a government meeting to assess progress on three megaprojects at the Blue House in central Seoul on Aug. 10. During the meeting, Lee urged officials to streamline administrative procedures and ease regulations to accelerate large-scale investment initiatives in AI and semiconductor clusters.

President Lee Jae Myung, fourth from left, speaks during a government meeting to assess progress on three megaprojects at the Blue House in central Seoul on Aug. 10. The government announced a timeline to complete the relocation of facilities at Gwangju's military airport by the second half of 2028 to fast-track the site's development into a semiconductor industrial cluster. [JOINT PRESS CORPS]

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