Hyundai Motor Group plans to invest approximately 9 trillion won ($6.5 billion) across five projects at South Korea’s Saemangeum National Industrial Complex, including an AI data center, robot manufacturing cluster, water electrolysis plant, solar power business and AI hydrogen city. The Saemangeum Development and Investment Agency is positioning the investment as a catalyst for attracting additional companies in artificial intelligence, robotics, hydrogen, secondary batteries and logistics. Agency commissioner Moon Sung-yo said officials from China’s Ministry of Commerce and executives from domestic and foreign companies have visited the site, while stressing that specific deals cannot be disclosed before they are signed. The agency has revised its master plan toward public-institution-led development, faster reclamation and expanded industrial land, and its next-year budget proposal is 7.4 billion won, or 3.4%, above this year’s level. The additional funding is intended to support electricity, water, transport and other infrastructure needed for companies to begin operations and remain in Saemangeum.