Cooperative Promotion of Sammun-dong Urban Regeneration New Deal Project

Miryang City, Gyeongnam Province, is signing a business agreement on the 16th with the Korea Land and Housing Corporation Gyeongnam Regional Headquarters as the general project manager for the Sammundong Urban Regeneration New Deal Project. (Photo by Miryang City Hall)

Miryang City, Gyeongnam Province, is signing a business agreement on the 16th with the Korea Land and Housing Corporation Gyeongnam Regional Headquarters as the general project manager for the Sammundong Urban Regeneration New Deal Project. (Photo by Miryang City Hall)

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[Asia Economy Yeongnam Reporting Headquarters Reporter Kang Sharon] Miryang City in Gyeongnam signed a business agreement on the 16th to promote an urban regeneration New Deal project that will breathe new life into the declining downtown area of Sammundong in cooperation with the Gyeongnam Regional Headquarters of Korea Land and Housing Corporation (hereinafter LH).


The general project manager system is a system that designates and entrusts public institutions or local corporations as general project managers to systematically and efficiently promote urban regeneration projects.


LH Gyeongnam Regional Headquarters will participate as the general project manager of the Sammundong urban regeneration New Deal project and will be entrusted with implementing key development projects such as the construction of the Sammundong Administrative Welfare Center and operating the Urban Regeneration Field Support Center to promote the project.


Mayor Park Il-ho said, “In the past, Sammundong was the center of Miryang where public functions such as city hall, court, prosecutor's office, and police station were concentrated, but as public facilities relocated and new towns were developed, the population decreased and commercial districts declined. We will do our best to revitalize the old downtown area of Sammundong in cooperation with Korea Land and Housing Corporation.”



Meanwhile, the city plans to apply for the Sammundong urban regeneration New Deal project targeting the old downtown area of Sammundong as a new project under the Ministry of Land, Infrastructure and Transport's urban regeneration New Deal on the 29th.


This content was produced with the assistance of AI translation services.

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