Seongnam, one of the foremost planned cities in South Korean history, was conceived during the era of President Park Chung Hee for the purpose of industrializing the nation by concentrating electronic, textile, and petrochemical facilities there during the 1970s and 1980s.
Bundang, one of the successful new town projects in the country, has been settled in a southern half of Seongnam since 1991.
Seongnam is now home to prominent companies such as KT[4] (formerly Korea Telecom), Naver, and HD Hyundai Heavy Industries.
[6] Because of its significance, Pangyo now serves as a core area of Seongnam, replacing the old downtown in northeast Jungwon and Sujeong.
The municipal office of education reports to Gyeonggi Provincial Superintendent, and is located in Seohyeon-dong, Bundang District.