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Infrastructure Development in Korea

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Frame of Image  development has played an important role in achieving high rate of economic growth and enhancing the quality of life of Koreans
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Empirical studies shows that infrastructure development contributed to economic growth in Korea. The infrastructure investment in the past represents higher rate of economic return than the growth rates of Korea’s economy. Economic Infrastructure
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 Infrastructure or social overhead capital (SOC)
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Transport (Roads, Rails, Airports and Seaports): Today’s focus Industrial parks Power plants and dams Telecommunication Schools Health and social welfare facilities Public housing
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Social Infrastructure
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3
Infrastructure Development and Economic Planning
 Infrastructure development was an integral part of economic development planning
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President Park Chung Hee (1961-1979) was committed to economic development and formulated the “Five-year Economic Development Plan”
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The infrastructure development was linked to the economic development plan. Government identified infrastructure needs to support the economic development plan
The strong central government was a major force to drive economic and infrastructure development
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4
Economic Development and Infrastructure Development (1960s)
 The first Five-Year Economic Development Plan (1962-66) period
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Focused on developing light industries and the country’s import substitution capacity
 Infrastructure to support these activities included the construction of 275 kilometers of railways and s


Full Text
Title Infrastructure Development in Korea
Similar Titles
Project Category Capacity Building Workshops
Material Type Proceedings
Author(English)

Park, Hyeon

Author(Korean)

박현

Publisher

Korea:

Date 2012
Event

Mid Career Training Program for IAS Offi

Project Capacity Building Workshops
Series Title; No Mid Career Training Program for IAS Officers: Kore
Pages 47 (pdf)
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Territorial Development < General
Territorial Development < Transport/Logistics
Holding KDI국제정책대학원
Recipient Country India(Asia and Pacific)
Donor Country South Korea(Asia and Pacific)
Organizer KDI; LBSNAA
Venue 대한민국
Program Type Forum
Project Term 2011-05-08 ~ 2011-05-19