[Monitor] Korea vows to create new innovative cities

By Korea Herald
  • Published : Jan 30, 2019 - 16:56
  • Updated : Jan 30, 2019 - 16:56

The South Korean government has decided to promote specific business interests by city and region for the sake of balanced regional development, injecting some 56 trillion won ($50.1 billion) over the next five years.

To this end, new business clusters and zones utilizing the latest technologies will be designated, the government said. (