Seoul to Hold Public Hearing on "Regional Balanced Development Plan" for Next Five Years on Nov. 12

To Be Held at SeMA Hall at the Seoul Museum of Art
Five-Year Plan and Implementation Strategies to Be Unveiled
Three Goals to Boost Regional Industries and Commercial Districts

The Seoul Metropolitan Government will discuss its regional balanced development roadmap for the next five years with residents.

Seoul City Hall CI. The Asia Business Daily database.

The Seoul Metropolitan Government announced on November 10 that it will hold a public hearing for residents on the Second Regional Balanced Development Plan and gather public opinions on the plan's vision and implementation strategies.

The hearing, to be held on November 12 at SeMA Hall at the Seoul Museum of Art, is expected to be attended by Kim Seonggi, director general of the Seoul Metropolitan Government's Balanced Development Planning Bureau; Ko Gwangmin, chair of the Seoul Metropolitan Council's Urban Planning and Balanced Development Committee; Professor Lee Heejeong of the University of Seoul; Professor Kwon Youngsang of Seoul National University; Lee Juil, director at Altu Korea; and Yoo Nakyeong, head of the research institute at PMA Engineering.

The Seoul Metropolitan Government worked with the Seoul Institute to assess the achievements and limitations of the First Regional Balanced Development Plan (2022-2026) and commissioned research to identify strategies and tasks for balanced regional development in Seoul over the next five years (2027-2031).

The Seoul Metropolitan Government has set the vision for the Second Five-Year Regional Balanced Development Plan as "Seoul, where everyone is guaranteed basic opportunities for a good life regardless of where they live, and where the distinct characteristics and potential of each region drive growth."

First, large-scale relocation sites and underused land will be transformed into spaces for new jobs, while existing job centers will be expanded and reorganized. In addition, outdated industrial spaces will be improved to strengthen the competitiveness of regional industries, and local strengths will be channeled into youth entrepreneurship and business growth. The city will also provide diverse housing near jobs, build an integrated transportation system linking subway lines with living areas, and expand everyday infrastructure to meet future demand.

Implementation results for the Regional Balanced Development Plan will be reviewed twice a year, while regional development levels and disparities will be assessed in a midterm review in 2029 and a final review in 2031. The Seoul Metropolitan Government plans to incorporate opinions from the public hearing and relevant organizations, including the Seoul Metropolitan Council, into the plan and finalize and officially announce the Second Regional Balanced Development Plan in early 2027.

Kang Seok, head of the Seoul Metropolitan Government's Balanced Development Headquarters, said, "The Seoul Metropolitan Government will build 'Seoul, a special city for quality of life,' where no region is left behind and all 10 million residents enjoy equal opportunities and a better life."

This content was produced with the assistance of AI translation services.