The previous administration in South Korea had envisioned mega construction projects aimed largely at making it look good during the time of global economic downtrend. Four river projects is another big disaster like Songdo.
Building a city on top of sand is trouble to begin with, take a look at Dubai's projects. Spending billions on a city where nobody will come reminds me largely of the ghost cities in China.
I just have a feeling this is a giant financial disaster for the Korean government, the only people who benefit from this are the Korean companies that lobbied and bribed their way to pocket billions of dollars in fees.
Building a city on top of sand is trouble to begin with, take a look at Dubai's projects. Spending billions on a city where nobody will come reminds me largely of the ghost cities in China.
I just have a feeling this is a giant financial disaster for the Korean government, the only people who benefit from this are the Korean companies that lobbied and bribed their way to pocket billions of dollars in fees.