Politics · South Korea · 2 hrs ago

North Gyeongsang targets 10 public institutions for relocation

North Gyeongsang targets 10 public institutions for relocation

North Gyeongsang Province is competing to attract 10 public institutions in South Korea’s next relocation round.

The province is focusing first on the National Agricultural Cooperative Federation and the Korea Racing Authority.

The government is expected to announce its second public-sector relocation plans in the fourth quarter, giving the province a limited time to make its case.

North Gyeongsang says the institutions would fit its farming, horse-racing, technology and transport industries.

It has identified 13 temporary office sites in and around Gimcheon, each large enough to accommodate more than 2,500 workers.

The province also plans new housing and support for families, including help with rent, schools, childcare and medical care.

The relocation decision will come from the central government, and North Gyeongsang says it will press its case with national officials and lawmakers.

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What people are saying

Lee Cheol-wooNorth Gyeongsang governor
Public institutions should relocate to regions with related industrial foundations so that research, testing and commercialization can form a virtuous cycle.
via Yonhap
North Gyeongsang is highly competitive in this respect, and we will actively inform the central government and National Assembly of the strengths of regional industries.
via Yonhap