LH Holds 'Youth Committee Proposal Debate' for Creative Business Ideas

[Asia Economy Reporter Yoo In-ho] Korea Land and Housing Corporation (LH) held the ‘LH Youth Committee Proposal Discussion’ on the 6th at the Seoul Regional Headquarters auditorium, where they discussed creative business ideas with young people.

The ‘LH Youth Committee’ is the first nationwide youth-targeted committee established by a public institution to discover projects needed by young people. Following the recruitment in July, it received high interest from youth, recording a competition rate of about 6 to 1.

Currently, a total of 79 youth committee members are actively engaged in workshops and subcommittee meetings across four divisions: sustainable cities, self-reliant cities, cities without discrimination, and cities fostering relationships.

At this discussion, the feasibility of a total of 10 business ideas proposed by each division was examined. LH executives and youth committee members shared time to discuss the future direction LH should take to ensure housing stability and job creation for the youth.

Key proposals included the integration of housing welfare and urban regeneration to solve youth housing issues, improvement plans for the LH rental housing shared car (Haengbok Car) project aimed at creating low-emission cities, and regionally symbiotic youth housing.

LH decided to review the feasibility of the youth committee’s proposals and incorporate them into future LH projects for implementation.

Byun Chang-hoom, President of LH, stated, “We will listen closely to the voices of youth through various youth-targeted programs such as the Youth Committee,” and added, “We will do our best to make LH a company that gives dreams and hope to young generations, including youth.”

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