Archive · 23 Jan 2026

South Korea's President Pushes for Balanced Growth

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.

Sources