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Industries to attract

Home > Development Plan > Cheongju Aeropolis > Industries to attract

Overview of project conditions

An ICT cluster is already established, centering around the semiconductor industry, which is essential to the mechanical aircraft components industry.

  • Semiconductor SK Hynix (memory), MagnaChip (non-memory) and Dongbu Anam Semiconductor (non-memory)
  • Samwha Capacitor (the top domestic manufacturer in the capacitor sector) primarily producing parts (PCB, capacitors, etc.)
  • Automotive electronics manufacturers: Hyundai Mobis (the top domestic manufacturer of automotive electronics) and Yuraeltec (the fifth largest domestic manufacturer in export of automotive components)

R&D infrastructure established

  • The research and development infrastructure includes a number of departments and human resources specializing in mechanical aircraft components, available at the Korea National University of Transportation, which is the only university specializing in transportation within the country.

Key leading projects

Priority Business activity category Business activity subcategory Reason for selection
1 (313)Manufacture of air and spacecraft and their parts (31310)Manufacture of air and spacecraft and accessories
  • Though it is a sector undergoing steady growth, the aircraft parts industry is practically monopolized by developed countries.
  • Market entry is to be achieved through the development of the mechanical aircraft parts industry leveraging the semiconductor-based ICT cluster.
(31332)Manufacture of aircraft parts
2 (521)Warehousing and storage (52939)Other air transportation support activities
  • Serve logistics functions for Cheongju International Airport.
  • Provide support services for air cargo transportation.
  • Serve as a nodal point between air logistics and land logistics of Osong KTX junction station (railroads) and the inland container depot of the Jungbu region (roads).
(529)Other service activities incidental to transportation (52913)Freight terminal activities

Selection of business activities to attract

  • The mechanical aircraft parts industry, a development focus of the CBFEZ, has been selected as the primary activity to attract.
Sector Industry Background for selection Description
Development focus Mechanical aircraft parts High growth potential based on local infrastructure Promote the development of the mechanical aircraft parts industry based on the semiconductor-based ICT cluster.