In 2008 when the first festival was held, The Journey to Folksong with Suksun Ahn was performed for youth and multi-cultural families in culturally neglected areas.

Starting in 2007, the World Festival of National Theaters takes place from September to October every year.

The festival promotes the mutual understanding of cultures from every country, whereby Korean audiences can enjoy many excellent domestic and overseas performances.

From 2002 to 2007 the Plaza was sponsored by Renault-Samsung Motors and starting in 2008 by KB Kookmin Bank, which received the Mecenat Award in 2008.

Folksongs, contemporary music, and original sound tracks of soap operas and films are rearranged and modernized by the National Orchestra.