Cities race to host public institutions as relocation push heats up
The government’s plan to relocate hundreds of public institutions outside the Seoul metropolitan area is gaining ground with President Lee Jae Myung throwing his support behind it, intensifying competition among municipalities seeking to host major organizations. The Ministry of Land, Infrastructure and Transport is drawing up a road map for the second round of relocations, reviewing roughly 350…
The South Korean government is accelerating its plan to relocate hundreds of public institutions away from the Seoul metropolitan area, as President Lee Jae Myung lends his support. This intensifies the competition among cities vying to host these major organizations. The Ministry of Land, Infrastructure and Transport is formulating a roadmap for the second phase of relocations, which will review approximately 350 institutions and their affiliated entities currently located in the capital region.
This initiative follows the completion of the first round of relocations in 2019. Minister of Land, Infrastructure and Transport Kim Yoon-duk anticipates the roadmap will be unveiled either this month or by September at the latest, after which it will be presented to the president. The relocation push gained further traction after President Lee emphasized the importance of grouping institutions within the same regions related to their sectors, stating that balanced regional development is vital for national survival and cannot be achieved by merely scattering institutions.
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- Cities race to host public institutions as relocation push heats up koreatimes.co.kr
