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 National Capital Region will see four new ‘Namo’ cities developed as part of the proposed NCR Regional Plan 2041. Union Minister Manohar Lal announced the plan after a board meeting attended by chief ministers from Delhi and Haryana.
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The Compromiso Valle initiative, coordinated by ProPacífico, has mobilized more than $170 billion from the private sector since its creation in 2021, impacting over 80,000 people in Valle del Cauca.
The African Development Bank (AfDB) has approved a 214.47 million dollar concessional loan for the second phase of the South Sudan-Ethiopia-Djibouti Transport Corridor Project. Ethiopia receives 181.5 million dollars, Djibouti 29.71 million dollars, and South Sudan 1.96 million dollars. This funding seeks to strengthen connectivity in the Horn of Africa.
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The National Administrative Department of Statistics (Dane) has released preliminary results from the National Urban Economic Census, the largest statistical exercise in three decades. This operation identifies 2,005,613 economic units in urban areas across 1,102 municipalities. International experts praise its rigor and innovation, positioning Colombia as a regional benchmark.