Korea: dream cities / South Korea
Build me Hong Kong
It’s done a good job getting everyday essentials into our homes, hands and driveways but it would like to do so much more. Faced with stiff competition from China, South Korea sees a future for itself as a centre for hi-tech services and tourism. But do its plans to build new cities to rival Hong Kong and Singapore add up?
Given the ambition and enough land, can you just build a new city to rival Hong Kong? That’s what the South Koreans are hoping to do. In fact, why stop at just one new Asian business hub?
For centuries the Korean peninsula, at the crossroads of China, Japan and Russia’s far east, was trampled by invaders. Today, South Korea wants to turn its strategic weakness to its commercial advantage: investment, not invasion, is the name of the game. The plan? To become the premier service hub for the world’s third-largest economic cluster, northeast Asia…