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Floor area ratio of national advanced strategic industries such as semiconductors increased up to 1.4 times
Legislative notice of amendments to the National Land Planning Act and Restrictions on Development in Green Belts Act from the 28th
The floor area ratio of national advanced strategic industries such as semiconductors is increased up to 1.4 times, which is expected to enable effective response to production facility expansion of related industries and diverse strategic industry demands.
The Ministry of Land, Infrastructure and Transport (Minister Won Hee-ryong) announced that it will provide legislative notice of amendments to the "Enforcement Decree and Enforcement Rules of the Act on the Planning and Utilization of National Land" and the "Special Measures Act Enforcement Decree on the Designation and Management of Restrictions on Development in Green Belts" from October 28 to December 7 to reflect institutional improvements announced in the "Strategy for Achieving Semiconductor Superpower Status" and the "Rental Market Stabilization Plan," and to resolve inconveniences to the public and businesses through simplification of various licensing and deliberation procedures.
Looking at the details of the amendment, in order to support investments such as production facility expansion of national advanced strategic industries including semiconductors, the floor area ratio of industrial complexes where companies holding strategic technologies under the "National Advanced Strategic Industries Act" are located will be relaxed up to 1.4 times the legal limit.
As a result, the floor area ratio of general industrial zones within industrial complexes will be increased (350%→490%), which is projected to increase the number of semiconductor cleanrooms (Pyeongtaek campus 12→18, Yongin cluster 9→12), and this is expected to result in employment increase of approximately 9,000 people (1,000 employees per cleanroom).
Additionally, these floor area ratio increase benefits can be applied to strategic industries other than semiconductors, and since production facility expansion can be rapidly achieved through floor area ratio increase within existing industrial complexes, it is projected to effectively respond to diverse strategic industry demands.
Furthermore, when constructing lease housing with new purchase commitment agreements, the floor area ratio will be relaxed up to 1.2 times the legal limit. Development permission procedures for small-scale additions and extensions will be simplified, and deliberation by the Urban Planning Committee will be exempted in cases where extensions are made within 10% of the total site area or where the lot expands within a 10% range due to the extension, thereby reducing the time required for deliberation (minimum 60 days or more).
Implementation plan approval procedures for urban·county planning facility projects will also be simplified. In cases where multiple buildings of the same use are extended, if the total floor area of the relevant buildings is changed within a 10% range when aggregated, the implementation plan approval can be exempted.
Regarding the enforcement decree of the Restrictions on Development in Green Belts Act, procedures will be simplified so that minor changes in facilities approved through public opinion hearings and review by local urban planning committees within restricted development areas do not require the procedures to be repeated when obtaining new approval.
Additionally, when installing gas supply facilities (gas pipeline facilities) within restricted development areas, if underground existing urban·county planning facilities such as roads are utilized, separate urban·county planning facility designation will be exempted.
Gil Byeong-woo, Director of Urban Policy at the Ministry of Land, Infrastructure and Transport, stated, "Through this amendment, it is expected to contribute to production facility expansion through smooth investment in advanced strategic industries such as semiconductors, and to contribute to rental market stabilization through expanded supply of lease housing with new purchase commitment agreements by efficiently utilizing existing sites. Additionally, resolution of public inconvenience and activation of corporate investment through simplification of development permission procedures and others are expected to be possible."
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