Seoul launches $65 bil. plan targeting global top 3 city status by 2030
Seoul will invest 86.1 trillion won ($65 billion) through June 2030 in 100 projects aimed at placing the Korean capital among the world’s top three cities, with a focus on enhancing the quality of residents’ daily lives. Mayor Oh Se-hoon unveiled the G3 Seoul Plan at Seoul City Hall on Thursday, presenting it as his administration’s overarching agenda for responding to the rise of artificial…
Seoul has unveiled a $65 billion plan over the next six years, aiming to climb to the top three cities globally by 2030. Mayor Oh Se-hoon presented the G3 Seoul Plan at Seoul City Hall, emphasizing the administration's response to AI advancements, demographic changes, and competition for global talent. The city's total investment of 86.1 trillion won ($65 billion) will be funded by the Seoul Metropolitan Government (53.7 trillion won), the central government (9.2 trillion won), and private companies (23.2 trillion won).
Under the "Global Top Seoul" vision, the city will measure its competitiveness based on residents' experiences in daily life, including housing, healthcare, safety, education, and transportation. One significant aspect of the initiative involves the city's broader efforts to enhance the quality of life for its residents.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
