Is South Korea’s ‘metropolitan visa’ for shipbuilding worth the cost of foreign labour?

AI Summary
South Korea's "metropolitan visa" policy, designed to address labor shortages by bringing in foreign workers to specific industrial regions, is generating controversy. President Lee Jae Myung's criticism of the shipbuilding industry's reliance on low-wage foreign labor in Ulsan has intensified the debate. Local governments and businesses support the visa program as a solution to critical labor shortages, while labor groups argue it perpetuates poor working conditions and low wages. The metropolitan visa allows local governments to set visa requirements based on regional needs. Ulsan plans to recruit 440 foreign workers this year for shipbuilding jobs, with the annual salary set at the legal minimum wage.
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