South Korea has chosen a site in central South Chungchong province to house its new capital city. "The Yeongi-Kongju area has been selected as the site for a new capital," Prime Minister Lee Hai-chan said in a live national broadcast. Construction of the new capital, which has not yet been named, is due to begin in 2007 and be completed by 2030. The $45bn move is designed to reduce Seoul's overcrowding and economic dominance over the rest of South Korea. Government and administrative functions will be moved to the new city, and possibly parliament and the supreme court, although...