Candidate Lee Jae-myung's 'Southern Capital Region' Plan Actively Welcomed by Former Jeonnam Education Superintendent Jang Man-chae

Jang Man-chae Emphasizes Essential Measures for Balanced Growth Between Yeongnam and Honam Regions

Southern Capital Region Initiative to Establish a Global Standard Advanced Business Environment in the South

Bold and Active Support in System

[Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] Former Jeonnam Superintendent of Education Jang Man-chae expressed strong support on the 7th for the 'Southern Capital Region' plan announced by Democratic Party presidential candidate Lee Jae-myung.

On the 6th, candidate Lee Jae-myung declared that he would fulfill the balanced development dream of the late President Roh Moo-hyun by announcing the 'Southern Capital Region' plan, which links Yeongnam, Honam, and Jeju, in front of the late President Roh's residence.

Former Jeonnam Superintendent Jang Man-chae welcomed the plan as a groundbreaking measure for balanced regional development by overcoming economic disparities between Yeongnam, Honam, and the current capital region, and emphasized uniting the will of all provincial residents to actively participate in the practical implementation of the Southern Capital Region plan.

Jang Man-chae said, “Having served as president of Sunchon National University for four years and as Jeonnam Superintendent of Education for eight years, I have deeply felt the pressing challenges faced by the southern region, which has been significantly marginalized economically, socially, culturally, and educationally due to the concentration in the central capital region,” and stressed, “This Southern Capital Region plan is a national and essential practical task for balanced development between Yeongnam and Honam.”

Candidate Lee Jae-myung emphasized, “We will create a global-standard advanced corporate environment in the Southern Capital Region that surpasses Singapore and Hong Kong,” and revealed his plan to make it “the world's most business-friendly economic zone” by raising the Southern Capital Region’s share of national GDP from the current one-third level to about half.

To provide concrete support for the Southern Capital Region, candidate Lee mentioned bold support covering systems, finances, and fiscal measures, along with the establishment of a new industrial belt encompassing the entire southern area.

The core of the 'Southern Capital Region' plan is to expand the current capital region by linking it with Chungcheong and Gangwon provinces, while grouping Yeongnam, Honam, and Jeju into a southern super metropolitan area, thus creating two super metropolitan areas overall.

Candidate Lee Jae-myung emphasized, “These two super metropolitan areas will become the twin engines propelling South Korea to become one of the world's top five powers.”

This content was produced with the assistance of AI translation services.