People Power Party launches 'Seoul Policy Institute'... "Will be the foundation for designing South Korea's future"

People including Lee Jun-seok, leader of the People Power Party, Kim Ki-hyun, floor leader, and Yoo Kyung-joon, director of the Seoul Policy Research Institute, are taking a commemorative photo at the launch ceremony of the Seoul Policy Research Institute held at the central party office in Yeouido, Seoul, on the afternoon of November 1, 2021. Photo by National Assembly Press Photographers Group [Image source=Yonhap News]

[Asia Economy Reporter Lee Hyun-joo] The Seoul Policy Research Institute, a joint policy-making body of the People Power Party Seoul Metropolitan City Party and the Seoul Metropolitan Government, was launched on the 1st. It is a kind of think tank involving about 20 PhD-level personnel.

Lee Jun-seok, leader of the People Power Party, attended the plaque ceremony on the day and said, "Although Mayor Oh Se-hoon has not been in office for long, he has already started to achieve results by promoting education policies and real estate policies," adding, "I think this (research institute) is a good opportunity to firmly establish the idea that when the People Power Party takes charge of local governments, things change like this by well supporting Seoul city administration this time."

Kim Ki-hyun, floor leader of the People Power Party, also said, "I believe the Seoul Policy Research Institute can go beyond simply designing the future of Seoul and become a foundation for designing the future of the Republic of Korea."

Yoo Kyung-joon, a member of the People Power Party who will serve as the director, emphasized, "During the five years of the Moon Jae-in administration and the ten years of former Seoul Mayor Park Won-soon, the national and city competitiveness declined, real estate prices skyrocketed, and the future disappeared," adding, "I will contribute to restoring the broken Seoul and Republic of Korea to move forward."

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