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Gov’t Pushing to Reorganize Special Economic Zones

Gov’t Pushing to Reorganize Special Economic Zones

SEJONG, Dec. 21 (Korea Bizwire) – South Korea’s government will push to reorganize the country’s numerous special economic zones that have failed to meet expectations, the finance ministry said Sunday. The ministry said plans by 14 regional administrations to build more than 200 free economic zones, industrial innovation centers, and research and development zones have not moved forward as planned. Of these, the country has some 90 special regions dedicated to attracting foreign [...]