LH Holds Strategic Meeting to Expand Housing Supply in Metropolitan Areas

Establishing an Organic Collaboration System Between Headquarters and Branches for Rapid Policy Outcomes Including Housing Supply
Full Effort to Expand Urban Housing Supply Through Dedicated Team Activation and Operation of Transit Station Area, Semi-Industrial, and Redevelopment Project TFs

The exterior view of the Korea Land and Housing Corporation (LH) headquarters building.

[Asia Economy Reporter Kangwook Cho] Korea Land and Housing Corporation (LH) announced on the 9th that it held a joint strategy meeting (via video conference) between headquarters and branch offices to promote the government’s announced ‘Public-led 3080+, Drastic Expansion Plan for Housing Supply in Metropolitan Areas (2·4 Plan).’

This meeting was organized to establish an organic collaboration system among headquarters and branch organizations and personnel, and to explore detailed implementation plans for policies, as LH’s role in expanding urban housing supply, including the ‘Urban Public Housing Complex Project’ and ‘Public Direct Implementation Redevelopment Project,’ has been further strengthened.

The meeting focused on sharing policy overviews and key points, as well as △seeking promotion directions and response strategies for each task △deriving collaborative tasks by department △and discussing institutional improvement measures. Based on this kick-off meeting, LH plans to establish a timely housing supply foundation within urban areas and actively contribute to national housing stability.

Kim Baek-yong, Director of the Urban Regeneration Headquarters, stated, "Based on LH’s expertise, we will do our best to promptly complete the establishment of new business models reflected in the policy to contribute to stabilizing the real estate market."

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