A parliamentary committee Tuesday voted down President Lee Myung-bak’s revision aimed at killing a former government-led project to relocate part of the government out of Seoul, thwarting the conservative leader’s determination to further pursue growth-focused policies in the latter-half of his term.
A long-standing cross-party pledge sought by the administration of Roh Moo-hyun in 2005, the so-called “Sejong City” project was envisioned to develop a second administrative town in the long-underdeveloped Chungcheong region.
The purported city, named after the creator of the Korean alphabet, is widely popular among residents of the province as well as progressive political forces who support balanced regional development.
Shortly after taking office two years ago, Lee, a former CEO and strong believer of the market economy, created a revised plan to build instead a corporate-oriented city in the region, creating a voter backlash that led to the ruling party’s crushing defeat in the June 2 local elections.
A long-standing cross-party pledge sought by the administration of Roh Moo-hyun in 2005, the so-called “Sejong City” project was envisioned to develop a second administrative town in the long-underdeveloped Chungcheong region.
The purported city, named after the creator of the Korean alphabet, is widely popular among residents of the province as well as progressive political forces who support balanced regional development.
Shortly after taking office two years ago, Lee, a former CEO and strong believer of the market economy, created a revised plan to build instead a corporate-oriented city in the region, creating a voter backlash that led to the ruling party’s crushing defeat in the June 2 local elections.
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| (Yonhap) |
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