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President Park touts cultural content as new growth engine Updated: 2015-12-29 09:44:48 KST

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2015-12-29

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A new 17-story complex specifically designed to support cultural startups has opened in downtown Seoul. President Park Geun-hye attended the opening ceremony of the Seoul Cel Center earlier on this Tuesday. Explaining that 'Cel' stands for Creative Economy Leader‚ the president said cultural contents can become a future growth engine for Korea. She pointed out that the sector creates twice as many new jobs for young people than the traditional manufacturing industry. The center is part of the government's plans to compete a chain of cultural hubs‚ including a cultural academy‚ a cultural convergence center and a K-pop performance hall. Ninety-three startups will move into the building. The government will cover part or all of their rent‚ depending on how well they perform. Reporter : song@arirang.co.kr

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