Government: "Plan to Expand Housing Supply in the Seoul Metropolitan Area Will Be Prepared as Soon as Possible"

Hong Nam-ki, Deputy Prime Minister for Economy and Minister of Strategy and Finance (file photo) [Image source=Yonhap News]

[Asia Economy Reporter Joo Sang-don] On the 24th, Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, discussed plans to expand housing supply in the Seoul metropolitan area with Kim Hyun-mi, Minister of Land, Infrastructure and Transport, and Jeong Kyeong-doo, Minister of National Defense, among others, and agreed to prepare supply measures as soon as possible.

Deputy Prime Minister Hong chaired the "Ministerial Meeting (Green Room Meeting)" at the Government Seoul Office in the morning to discuss measures to expand housing supply in the metropolitan area. Attendees included Minister Kim, Minister Jeong, Koo Yoon-chul, Director of the Office for Government Policy Coordination, Lee Ho-seung, Senior Secretary for Economic Affairs to the President, Lee Jae-myung, Governor of Gyeonggi Province, Park Nam-chun, Mayor of Incheon, and Kim Hak-jin, Second Deputy Mayor of Seoul.

An official from the Ministry of Economy and Finance stated, "Participants expressed various opinions on measures such as discovering new housing sites to expand housing supply in the metropolitan area, and agreed to continue consultations with related ministries and affiliated organizations. They also agreed to prepare supply measures as soon as possible."

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