Sunday, April 17, 2005
Korea Prepares for New Administrative Capital City
Korean Land Corp (KLC), a state-run enterprise, has commenced on the first phase of constructing a new administrative capital in South Chungcheong Province, 160 Km south of Seoul. The project, which is supposed to relieve Seoul of of its overcrowding problems, has been scheduled over the next 20 years in the new cities of Yeongi and Gongju.
Whether this project will be successful or not-- only time will tell. Korea has, however, had success in the past with planned cities such as Changwon in the province of South Gyungnam. Whether Korea will follow the success of Brazil's capital relocation, is up for discussion: please share your comments and thougths.
Related article in the Korea Herald
Posted by SAP at 5:47 PM