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 to elevate the Korean capital to the world's top three cities, Mayor Oh Se-hoon revealed on Thursday at City Hall. This ambitious G3 Seoul Plan focuses on improving the daily lives of residents while addressing challenges posed by AI, demographic changes, and global competition for talent.
The city government will contribute 53.7 trillion won, while the central government provides 9.2 trillion won, and private entities will add 23.2 trillion won to the initiative. The plan's overarching goal is to create "Global Top Seoul, a city of exceptional quality of life," with officials measuring global competitiveness through residents' everyday experiences, including housing, healthcare, safety, education, and transportation.
A crucial aspect of the initiative involves the city's commitment to enhancing the overall 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.
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