In March 1983, President Houphouët-Boigny made Yamoussoukro the political and administrative capital of Ivory Coast, as the city was his birthplace. This marked the fourth movement of the country's capital city in a century. Ivory Coast's previous capital cities were Grand-Bassam (1893), Bingerville (1900), and Abidjan (1933). The majority of economic activity still takes place in Abidjan, and it is officially designated as the "economic capital" of the country.