World Ch. Schedule : TUE 07:35 KST
* Date : 2019-01-08
On December 19, South Korea's Ministry of Land, Infrastructure and Transport announced the third phase of the country's planned city projects, aimed at cooling down the overheated property market in the country, particularly the Seoul capital area. The government is hoping that residents in the new cities will be able to commute to Seoul within 30 minutes and that the city will create new jobs in the local area. Many experts and pundits say these new cities must be self-sustaining and have the necessary transportation infrastructure to make them more easily accessible when traveling to and from Seoul, in order to be successful. However, some critics have voiced their concerns over the plan, citing the urban decay in phase 1 planned cities, and the incomplete development in the phase 2 construction. In this week's edition of "Foreign Correspondents", we sit down with our panel of journalists to talk about the government's planned city projects.
- Sakabe Tetsuo, Journalist / NNA
- Frédéric Ojardias, Journalist / Radio France Internationale
- Frank Smith, Correspondent / Press TV