Special Act on Balanced National Development.
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
The purpose of this Act is to enhance regional competitiveness and the quality of life of local residents by facilitating region-specific development and inter-regional connectivity and cooperation.
The Presidential Committee on Regional Development shall be established under the authority of the President to respond to requests for advice by the President on major policies for the efficient promotion of regional development (art.22). The Government shall formulate a five-year regional development plan every five years to promote inter-regional connectivity and cooperation and to enhance regional competitiveness. The regional development plan shall include matters concerning: the objectives of regional development; the diversified development of the national territory and the expansion of regional development capacity; the vitalization of regional economies, such as the fostering of regional industries; fostering of regional manpower and the regional promotion of science and technology; the development of regional development hubs and the expansion of transport and logistics networks; the promotion of regional culture and tourism; the promotion of development of growth promotion areas, areas requiring special support, non-urban areas; the securement of financial resources for investment; etc.(art.4)
In order to ensure diversified development of the national territory and the expansion of regional development capacity in view of regional conditions and characteristics, the State and local governments shall systematically promote policies on : 1. Facilitation of the development of a supra-economic region in the national territory; 2. Enhancement of the competitiveness of economic regions and win-win development of the Seoul Metropolitan Area and provincial areas; 3. Improvement of the quality of life in the daily living spheres and activation of local communities (art.10).
The Act further makes provisions, inter alia, for: formulation of the sectoral development plans and action plans, the supra-economic region schematic plan, and the daily living sphere development plans, fostering of regional manpower and regional promotion of science and technology, development of growth promotion areas, etc.
The Presidential Committee on Regional Development shall be established under the authority of the President to respond to requests for advice by the President on major policies for the efficient promotion of regional development (art.22). The Government shall formulate a five-year regional development plan every five years to promote inter-regional connectivity and cooperation and to enhance regional competitiveness. The regional development plan shall include matters concerning: the objectives of regional development; the diversified development of the national territory and the expansion of regional development capacity; the vitalization of regional economies, such as the fostering of regional industries; fostering of regional manpower and the regional promotion of science and technology; the development of regional development hubs and the expansion of transport and logistics networks; the promotion of regional culture and tourism; the promotion of development of growth promotion areas, areas requiring special support, non-urban areas; the securement of financial resources for investment; etc.(art.4)
In order to ensure diversified development of the national territory and the expansion of regional development capacity in view of regional conditions and characteristics, the State and local governments shall systematically promote policies on : 1. Facilitation of the development of a supra-economic region in the national territory; 2. Enhancement of the competitiveness of economic regions and win-win development of the Seoul Metropolitan Area and provincial areas; 3. Improvement of the quality of life in the daily living spheres and activation of local communities (art.10).
The Act further makes provisions, inter alia, for: formulation of the sectoral development plans and action plans, the supra-economic region schematic plan, and the daily living sphere development plans, fostering of regional manpower and regional promotion of science and technology, development of growth promotion areas, etc.
Attached files
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Repealed
No
Source language
English
Legislation Amendment
No