Outdated and obsolete urban infrastructures were “re-designed” and “re-turned” to the citizens

SEOUL, South Korea, The term “urban regeneration” has recently become one of the important issues in many cities around the world. The Seoul Metropolitan Government has started re-turning the city’s identity and carried out its urban development with focusing on “urban regeneration,” instead of “redevelopment.” In 2017, a total of 131 urban regeneration projects are currently being implemented throughout the city. Some of the city government’s representative urban regeneration projects include Dasi (Re) Sewoon Shopping Center, Mapo Oil Tank Cultural Park, and Seoul Battleship Park.
The three-story overhead pedestrian bridge connecting two buildings has been restored in Sewoon Shopping Center. The Sewoon Shopping Center was built in 1969 as the first commercial and residential complex building in Korea. It had served as the center of the country’s burgeoning electronics industry and also a symbolic landmark of Seoul for several decades. However, it became dilapidated and eroded the vitality since the late 1990s. The city government made several plans to demolish and redevelop it; however it failed to implement the plan due to conflicts between residents and depressed real estate market. Finally in March 2014, the city government decided to preserve and renovate, rather than tear down it. For a better regeneration, pedestrian bridges were rebuilt to connect with the buildings. Diverse revitalization programs were carried out between the industry and the community, so that “hardware” and “software” regenerations can be achieved at the same time. The three-story overhead pedestrian bridge connecting the two building has been restored. To revitalize the Center, “Sewoon Makers’ Cube” was opened to incubate, educate and support startups. Makers’ Cube features 29 workrooms for young business startups and accommodates research and development office for drones and smart medical devices. The Sewoon Shopping Center will make synergistic effect through its customized manufacturing system and its highly advanced facilities.

The Mapo Oil Depot Cultural Park has an eco-friendly cultural complex such as an open-air stage.
The Mapo Oil Tank Cultural Park is the case of marrying urban regeneration up with cultural values based on the restoration of the place. The Mapo Oil Depot was built in 1978 by the Seoul Metropolitan Government to supply oil in case of emergency and access to it is restricted for 41 years. With the construction of the Seoul World Cup Stadium for the 2002 World Cup, it was closed down in December 2000. The city government designated this site as a place of urban regeneration in 2013, and transformed it into an eco-friendly cultural complex after two years of construction. Now it features a performance hall, an open-air stage, a community center, and other cultural facilities as well. Six oil tanks, interior and exterior materials, and retaining walls were all reused to regenerate the site. Another outstanding point is the fact that a citizen-led urban regeneration process was applied from the initial stage of the project. The operation of the park will also be made through the co-ordination committee led by the local community.

Seoul Battleship Park opened in November 2017 at the bank of Han River. Seoul Battleship Park is a multipurpose park opened in
November 2017 at the bank of
Han River. Covering an area of
6,942m2, the Park showcases the three decommissioned vessels rented out by the navy to the city government for free. These vessels have been preserved their original status as much as possible, providing a rare opportunity for citizens and visitors to go inside, look around and experience the lives of naval officers. Frigate Seoul is 102 meters in length, 11.6 meters in width and its total height including the submerged part is 28 meters. The three-story information center with
485m2 in size connects to vessels through bridges, and its rooftop observation deck provides a magnificent view of the Seoul Battleship Park.
The Seoul Metropolitan Government implements urban regeneration projects using underused and underutilized infrastructure. The meaning of urban regeneration is to restore local history and memories into diverse contents for citizens to experience them with a sense of pride. The key to success of urban regeneration is ready to be from the active civic participation and cooperation between the government and experts as well.

Services
Stakeholder mapping, analysis, engagement and communication needs to be detailed to avoid business losses or even worse, a crisis. How can you do this effectively to prevent failure? ...
Data-driven business decisions have never been as crucial, especially in this era. MGBF leverages off, technology, experience and market presence to aid businesses in making accurate decisions. ...
MGBF provides comprehensive strategic advice and results-focused solutions to solve clients' problems in business-government relations so they can focus on their core business. ...
A critical business challenge is meeting the right decision-makers and potential buyers through the best channel and platform. How will you improve your business competency? ...
Upcoming Events
The threat matrix has evolved to include information warfare, cyberspace incursions, big data and behavioural communications. Business leaders need to be aware of these threats to survive. What are you doing as a key stakeholder?
Companies can now live or die based on their ability to generate and manage data. Effectively managing existential challenges is the opportunity that business leaders need to grasp for a sustainable future. Calling for speakers!
Corporations and their leadership often face weaponised information attacks in the media. Understanding these advanced business threats is crucial. Recently completed. View proceedings online.
Special session: Cyberwarfare Waged on the Corporate Sector - Lessons from the Russia-Ukraine Crisis. Corporations are in a digital arms race that many don't realise. How does this relate to your organisation?
MGBF In The News
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
We live in the age of crisis. At the heart of any crisis is the threat of rapid change. Change too deep or too wide that the current coping mechanisms for an individual, corporation or government are unable to remain resilient. An unwelcome paradigm shift, like the proverbial spider, that […]
The Malaysia Global Business Forum (MGBF) has released a report following the roundtable on ‘Digital Resilience in the Corporate Sector’, which was recently held in Kuala Lumpur. In attendance as guest of honour was Deputy Minister of Communications and Multimedia, Datuk Zahidi Zainul Abidin. The report recommended several critical development […]
Trade and investment delegations will trickle back over the next few months, but the second half of the year should see considerable return of business travellers. It was learnt that over 50 per cent of international business chambers and industry associations surveyed will consider sending exploratory teams to Malaysia during […]
KUALA LUMPUR, 30 March 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Digital Resilience in the Corporate Sector’ was held in a hybrid setting yesterday at the Element by Westin Kuala Lumpur. The discussion focused on what business leaders need to understand, to ensure business resilience and […]
The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Addressing Weaponised Information in the Media’ was held in a hybrid setting today at the Hilton Kuala Lumpur. The discussion focused on addressing one of the most relevant threats to businesses in the digital economy – cyber threats causing physical and […]
The current floods that have impacted various parts of the country have given rise to an extensive commentary on the response cycles of various stakeholders. It has in turn led to continued crisis communications and statements in the media by agencies and ministries alike. This binary approach to the discussion […]
The formation of a special Cabinet committee to develop strategic measures to safeguard the economy amid the Covid-19 outbreak shows the Malaysian government is serious about creating a balance between the continued safety of the general population and the survival of the economy. In the global context, as many countries […]
Innovation, coupled with a radical departure from contemporary thinking, is required with a possible reality of a prolonged crisis becoming the new reality that people and companies must function through. Malaysia Global Business Forum founding chairman Nordin Abdullah said innovation and resilience from all stakeholders will be required to shape […]
The recent announcement that a committee jointly chaired by senior ministers in charge of security and economy clusters respectively demonstrates that the Malaysian government is serious about creating a balance between continued safety of the general population and the survival of the economy. In the global context, as many countries […]
Innovation, coupled with a radical departure from contemporary thinking, is required with a possible reality of a prolonged crisis becoming the new reality that people and companies must function through. Malaysia Global Business Forum founding chairman Nordin Abdullah said innovation and resilience from all stakeholders will be required to […]
Innovation, coupled with a radical departure from contemporary thinking, is required with a possible reality of a prolonged crisis becoming the new reality that people and companies must function through. Malaysia Global Business Forum founding chairman Nordin Abdullah said innovation and resilience from all stakeholders will be required to […]
The announcement that a committee jointly chaired by senior ministers in charge of security and economy clusters demonstrates that the government is serious about creating a balance between the safety of the population and the survival of the economy. In the global context, as many countries struggle to deal […]
THE Covid-19 outbreak has exposed the citizens of most countries to a dangerous virus. But perhaps more importantly, it has exposed the weaknesses in supply chains of nations.The government should be commended for setting up a task force to maintain critical supply chains as it’s an excellent step to ensure […]
In the last few days, the Movement Control Order (MCO) has awoken many to the fact that supply chains that we assume work without question have now become highly critical.The establishment of a special task force to maintain critical supply chains by the current government is an excellent step to […]
by Gunaprasath Bupalan (YouTube – Emjay Communications, The Malaysia Global Business Forum, News Hub Asia, Property360Digest) The CEO Series 2019 by REHDA Institute is more than a developer’s driven event; it is about the strategy made real, where property and its ancillary businesses will provide balance in social, economic and […]
I am the Managing Director of Lynas Malaysia and I’m writing to you on behalf of our employees and contractors and their families. In recent weeks you may have seen a campaign of false information by anti-Lynas activists. We have always welcomed informed debate, however, the spreading of false allegations […]
I am the Managing Director of Lynas Malaysia and I’m writing to you on behalf of our employees and contractors and their families. In recent weeks you may have seen a campaign of false information by anti-Lynas activists. We have always welcomed informed debate, however, the spreading of false allegations […]
I am the Managing Director of Lynas Malaysia and I’m writing to you on behalf of our employees and contractors and their families. In recent weeks you may have seen a campaign of false information by anti-Lynas activists. We have always welcomed informed debate, however, the spreading of false allegations […]