· Industry· 日本語で読む
Hyundai to invest 9 trillion won in Saemangeum, sign MOU to establish innovation hub
Hyundai Motor Group signed a memorandum of understanding with the South Korean government and Jeonbuk Province to invest about 9 trillion won in Saemangeum, Gunsan, and establish an innovation hub focused on robotics and AI data centers, among other areas.
What happened
Hyundai Motor Group announced on February 27, 2026, that it had signed a memorandum of understanding with the South Korean government and Jeonbuk Special Self-Governing Province to invest about 9 trillion won in the Saemangeum area of Gunsan and establish an innovation hub. The investment will go toward five areas: robotics, AI data centers, hydrogen energy, solar power generation, and AI hydrogen smart city development. Chairman Euisun Chung attended the signing ceremony.
Why it matters
The announcement specifies five areas where Hyundai Motor Group plans to direct funding in Saemangeum, Gunsan, starting in 2026. The plan brings together robotics, AI data centers, hydrogen energy, solar power generation and urban development combining AI and hydrogen. Businesses in related fields and local governments can therefore assess plans for the hub on the basis of an integrated development effort spanning multiple technologies, rather than standalone facilities.
Sources
Translated from the Japanese original: /news/hyonde-gunzan-semangumu-ni-9-chou-uon-toushi-roboteikusu-ai-3e09ab. The Japanese version is authoritative if they differ.