"Making Seoul One of the Top 5 Cities"... Seoul Institute and SH Corporation Join Forces

Kim Heon-dong, President of SH Corporation (left), and Park Hyung-soo, Director of the Seoul Institute, are holding up the memorandum of understanding after signing the agreement.

[Asia Economy Reporter Onyu Lim] Seoul Housing and Communities Corporation (SH Corporation) and the Seoul Institute are promoting collaborative research in the field of urban planning to achieve Seoul's vision of becoming one of the world's top 5 cities.

SH Corporation and the Seoul Institute announced on the 20th that they signed a "Memorandum of Understanding (MOU) for Seoul City Urban Planning Research" on the 19th.

Through this agreement, the two organizations will organically collaborate based on over 30 years of accumulated practical knowledge, experience, and expertise related to Seoul's urban planning, contributing to Seoul's leap to become one of the world's top 5 cities.

To this end, the two institutions will build a close cooperative network and promote collaborative research to discover and solve creative and innovative tasks related to Seoul's urban planning. They will also pursue cooperative research in various fields such as urban infrastructure including railroads, roads, vehicle depots, and utilization plans for assets owned by Seoul City and SH Corporation.

Additionally, they will collaborate in areas related to urban planning such as forums, seminars, workshops, and education to contribute to strengthening Seoul's global competitiveness.

Kim Heondong, President of SH Corporation, said, "We will derive creative and innovative tasks that can enhance Seoul's urban competitiveness and help it leap into a high-quality city," adding, "We hope this will be an opportunity to bring a wave of change that allows Seoul to be reborn as one of the world's top 5 cities."

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