Archive · 23 Jan 2026
South Korea's President Pushes for Balanced Growth
South Korea's President Lee Jae Myung wants people to support his plan to help different parts of the country grow equally.
Right now, most resources and businesses are in the big city of Seoul, which is causing problems like high housing prices and not enough electricity and water.
President Lee says this needs to change for the country to do well.
He wants to make five big areas and three special provinces stronger, especially in new technologies like artificial intelligence (AI).
Ulsan, a city known for making cars, ships, and chemicals, is getting a big new AI data center.
President Lee thinks Ulsan can become a leader in AI and other advanced industries, and he wants the country to move quickly in this direction.
President Lee Jae Myung seeks public support for balanced regional growth in South Korea.
Government aims to develop five major regional hubs and three special self-governing provinces.
Decentralization is seen as a national survival strategy due to overconcentration in Seoul.
Ulsan is identified as a key hub for AI transformation, leveraging its strong manufacturing base.
SK Group and Amazon Web Services are building the nation's largest AI data center in Ulsan.
- Who
- South Korean President Lee Jae Myung
- What
- Called for public support for balanced regional growth
- When
- Friday (specific date not mentioned)
- Where
- Ulsan, South Korea
- Why
- To ease excessive concentration in the Seoul metropolitan area and foster new growth engines nationwide
- President
- Lee Jae Myung
- Location
- Ulsan, South Korea
- Regional Hubs
- 5 major regions and 3 special self-governing provinces
- Key Industries
- AI, manufacturing, automotive, shipbuilding, petrochemical
- AI Data Center
- Nation's largest, in partnership with Amazon Web Services