Regional Development
President Lee calls for balanced growth in new year address
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President Lee Jae Myung outlined his vision for a national leap in 2026 during his New Year address, emphasizing balanced regional development and symbiotic growth between large conglomerates and small and medium-sized enterprises. He pledged to make 2026 the 'first year of Korea’s great national leap,' ensuring broad-based growth that benefits all citizens. Lee also began the year by paying tribute to fallen soldiers and independence fighters at Seoul National Cemetery.
The South Korean government will designate 10 cities as major startup hubs by next year to promote balanced regional growth and create jobs for young people. It plans to first name four cities housing major science institutes this year, followed by six more outside the greater Seoul area in 2027.
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The Japanese government approved its basic tourism promotion plan on March 27, 2026, confirming a target to implement overtourism measures in 100 areas by 2030—building on a January draft. The plan balances resident quality of life with goals of 60 million inbound visitors and 15 trillion yen in spending.
The municipality of Palermo in Huila will host the First Territorial Planning Forum titled “Palermo, tierra de oportunidades”. The event aims to strengthen urban planning amid growth in Amborco and the industrial zone. It is scheduled for Thursday, November 7, 2025, at Club Los Lagos.
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The Huila Assembly has approved 18 billion pesos for Inderhuila to cofinance the recovery of the Guillermo Plazas Alcid stadium alongside Neiva's mayor's office. The project will benefit over 5,600 athletes in 33 athletic disciplines and enhance the department's sports infrastructure. Officials emphasized the approval's role in addressing a decades-long issue.