Seoul govt to build ICT hub, create 15,000 jobs

The Seoul city government will establish an information and
communication technology (ICT) hub. The Seoul Metropolitan Government said it
will choose a 3-million-square-meter area in Seocho Ward to develop the project
in early 2017 and relax regulations to boost R&D in the region, Yonhap news
agency reports. The project is expected to create around 15,000 jobs, bringing
together both small and large enterprises for technology development.

“The region already has research centers of large
enterprises, including LG Electronics Inc. and Hyundai Motor Co., as well as
some 280 small and medium-sized firms, making it more favorable to establish an
innovative ecosystem”, the city government said.

Source

http://www.telecompaper.com/