THE GUARDIAN , Beijing
Friday, Aug 13, 2004,Page 5
The South Korean government confirmed on Wednesday that it is to create a new capital in what will be one of Asia's biggest-ever construction projects.
Under the US$48 billion scheme, a site in the sleepy region of Gongju-Yongi 160km south of Seoul will replace it as the seat of parliament and government by 2020.
Despite sharp divisions among the public and the mixed results of similarly ambitious projects by other states, President Roh Moo-hyun insists relocation is necessary to ease chronic overcrowding in Seoul, redistribute the state's wealth and lessen the danger of a bombardment by North Korea.
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