This 230 b$ announcement is private funding over 20 years.
For a fair comparison, South Korea government's budget is around 500 b$ per year, and this chip center will be funded by circa 10 b$ per year from Samsung (with commodities and tax exemptions granted by the government).
For a fair comparison, South Korea government's budget is around 500 b$ per year, and this chip center will be funded by circa 10 b$ per year from Samsung (with commodities and tax exemptions granted by the government).