Hyundai Motor Group Invests KRW 9 Trillion In Saemangeum From 'Future Technology Company Jumps''

*This content was translated by AI.

Hyundai Motor Group will transform into a future technology company by making Saemangeum, Jeollabuk-do, an innovative growth hub that focuses on robots, AI, and hydrogen energy technologies. On February 27, 2026, Hyundai Motor Group signed an "Investment Agreement (MOU) with the government and Jeonbuk Special Self-Governing Province to foster the high-tech robot and hydrogen industry and create an AI hydrogen city" at the Gunsan Saemangeum Convention Center. Under the agreement, Hyundai Motor Group will gradually invest a total of 9 trillion won from 2026 on a 1.124 million square meter site in Saemangeum. Key areas of investment are AI data centers, robot manufacturing and component clusters, water electrolysis plants, solar power generation, and AI hydrogen city construction.

The largest share is the construction of AI data centers, with a total of 5.8 trillion won being invested. The center is responsible for processing and storing enormous data needed to implement physical AI such as autonomous driving and robots by securing 50,000 GPU super-large computing capabilities. Hyundai Motor Group plans to establish a virtuous cycle system in which on-site data obtained in the entire process such as manufacturing and logistics are used for AI learning and applied to products again. 400 billion won will be invested in robot manufacturing and component cluster creation. There will be 30,000 robot finished product manufacturing plants, foundry plants, and parts complexes annually. In particular, it plans to increase the localization rate of core parts by consignment production of small and medium-sized enterprises that lack manufacturing know-how and support the expansion of the robot industry of auto parts partners.

In the energy sector, 1 trillion won will be invested to build a 200MW water electrolysis plant. Saemangeum's abundant renewable energy is used to produce clean hydrogen, which is used as an energy source for hydrogen mobility such as trams and buses. In addition, it will spend KRW 1.3 trillion to carry out a GW-class solar power generation project to stably supply power required for AI data centers and water electrolysis plants. 400 billion won will be invested to create an AI hydrogen city that combines these technologies organically. The city, which will be implemented in Saemangeum Smart Waterfront City, is expected to become a future urban model with hydrogen-based energy circulation systems and physical AI-based transportation and logistics infrastructure.

The AI data center and solar power generation facilities will start construction in 2027 and will be completed in 2029, while water electrolysis plants and robot manufacturing clusters will also be under construction between 2028 and 2029. The investment is considered a key project among Hyundai Motor Group's mid- to long-term domestic investment plan worth 125.2 trillion won. The government and local governments have decided to actively support administrative procedures such as licensing, subsidies, and policy and infrastructure construction.

In terms of economic ripple effects, it is expected to generate about 16 trillion won in economic inducement and 71,000 direct and indirect employment. Through this investment, Hyundai Motor Group plans to strengthen the ecosystem of high-tech industries in Korea, contribute to balanced regional development, and take the global lead in future industries. In particular, it is expected that excellent talents will flow into the region through industry-academia cooperation.

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*This content was translated by AI.