{"slug": "lee-meets-hyundai-motor-chief-for-possible-investment-talks", "title": "Lee meets Hyundai Motor chief for possible investment talks", "summary": "President Lee Jae Myung met Hyundai Motor Group Executive Chair Euisun Chung on Wednesday for closed-door talks likely focused on Hyundai's pledge to invest 9 trillion won ($6.6 billion) by 2029 to build an industrial hub for AI, robots, and energy in Saemangeum, as well as contributions to the government's semiconductor cluster and AI data center initiative.", "body_md": "President Lee Jae Myung has met Hyundai Motor Group Executive Chair Euisun Chung in a closed-door meeting, sources said Thursday, with the two likely discussing investment matters. The meeting on Wednesday was presumed to have focused on Hyundai's prior pledge to invest 9 trillion won ($6.6 billion) to establish an industrial hub for artificial intelligence (AI), robots and energy in the Saemangeum reclaimed area on Korea's southwestern coast by 2029. The meeting likely also included discussions on Hyundai's contributions to the government's high-profile \"megaproject\" investment initiative, aimed at nurturing a new semiconductor cluster and facilities for AI data centers. Lee has previously met with Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won, likely in the same vein.", "url": "https://wpnews.pro/news/lee-meets-hyundai-motor-chief-for-possible-investment-talks", "canonical_source": "https://www.koreatimes.co.kr/southkorea/politics/20260903/lee-meets-hyundai-motor-chief-for-possible-investment-talks?utm_source=rss", "published_at": "2026-09-03 08:17:03+00:00", "updated_at": "2026-09-03 08:24:19.369296+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure"], "entities": ["Lee Jae Myung", "Hyundai Motor Group", "Euisun Chung", "Saemangeum"], "alternates": {"html": "https://wpnews.pro/news/lee-meets-hyundai-motor-chief-for-possible-investment-talks", "markdown": "https://wpnews.pro/news/lee-meets-hyundai-motor-chief-for-possible-investment-talks.md", "text": "https://wpnews.pro/news/lee-meets-hyundai-motor-chief-for-possible-investment-talks.txt", "jsonld": "https://wpnews.pro/news/lee-meets-hyundai-motor-chief-for-possible-investment-talks.jsonld"}}