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These cookies empower the internet site to supply Improved operation and personalization. They may be set by us or by third party suppliers whose companies We've got extra to our internet pages. If you don't permit these cookies, some or most of these products and services may well not purpose properly.[six] In accordance with the previous Inside Minister Maeng Hyung-gyu in 2012, "Sejong is often a image from the region's initiatives towards extra well balanced regional improvement," helping to decongest Seoul and spur financial investment within the nation's central region.
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Sejong was Launched in 2007 as The brand new planned money of South Korea from a lot of portions of the South Chungcheong province plus some areas of North Chungcheong province to simplicity congestion in South Korea's existing money and premier metropolis, Seoul, and motivate financial commitment from the place's central area.
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Sejong Lake Park In 2003, then-President Roh Moo-hyun sought to relocate the national money of South Korea through the metropolitan town of Seoul to a new multifunctional administrative city in the center in the region. The target was to lessen the impact and dominance of Seoul on countrywide governance and economics, whilst marketing the regional growth of other regions of the place.
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Since 2012, the government of South Korea has relocated a lot of ministries and agencies to Sejong, but several continue to reside in other cities, mostly Seoul, where by the National Assembly and lots of critical governing administration bodies stay.
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