The Latin American country is passing an amendment to its constitution to designate a sizable piece of unpopulated government land for use as a model city where the rules will act as a magnet to attract and sustain investment.

“We came to learn about the South Korean experience in this regard because it has been extraordinary,” he told The Korea Herald in an exclusive interview.

Lobo’s vision is nothing new ― the plan will employ best practice from around the world such as Seoul and Singapore to offer the latest scientific techniques a modern city of this magnitude needs to improve investment and economic development.

Continue story in The Korea Herald here.