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Seoul, a City in the Heart of Northeast Asia

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Name Invest Seoul Date19-12-30 17:39

Seoul, a City in the Heart of Northeast Asia

Seoul, the capital of the Republic of Korea in Far East Asia, is a main gateway to and logistics hub of Northeast Asia, whose production accounts for one third of the world’s total output. The city is ideally situated for day-long business trips, as there are 51 megacities with a population of more than one million within a 3-4 hour flight. The capital of the Baekje and Joseon dynasties, as well as the Korean Empire, Seoul boasts a proud and rich 2,000-year history. It hosted the 1986 Asian Games, the 1988 Summer Olympic Games and the 2002 World Cup.

As the epicenter of the global economy moves to Asia, Korea is being recognized as a force that will drive the world economy in the hosting the G20 Summit in 2010. Based on Korea’s favorite geographical location, the country is serving as an outpost for entry into the Asian market, which possesses limitless growth potential. As the capital of Korea, Seoul is gaining global attention as a key city propelling the growth of the Northeast Asia economy. Future Korea demonstrated her potential by becoming the first OECD member country to overcome the global financial crisis in 2008 and successfully.

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