"Dividing Properties Cannot Solve Real Estate Speculation Issues"

Jinbu Kim, Gyeongnam Provincial Assembly Member.

Jinbu Kim, Gyeongnam Provincial Assembly Member.

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[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] Kim Jinbu, a member of the Gyeongnam Provincial Council, evaluated the LH division plan as "a bad attempt that not only fails to solve the real estate speculation problem but also goes against balanced regional development."


Before the 1st plenary session of the 386th regular meeting held on the 1st, Councilor Kim urged Gyeongnam Province to actively prepare measures to withdraw this plan.


Councilor Kim argued that although the discussion on the LH division plan, which began with an interview with newly appointed Prime Minister Kim Boo-kyum on the 18th, was temporarily postponed due to opposition from Gyeongnam council members and residents, it could be finalized at any time, so active response from Gyeongnam Province is necessary to block it.


He also said, "The LH division plan not only fails to solve the real estate speculation problem but also hinders balanced regional development, adversely affecting the Busan-Ulsan-Gyeongnam (Bu-Ul-Gyeong) Megacity project and the special youth province policy ambitiously promoted by Governor Kim Kyung-soo, causing enormous damage to Gyeongnam."



Councilor Kim demanded Governor Kim's decision, saying, "Since this plan will be finally confirmed through the ruling party-government council, if Governor Kim takes active measures, it can be sufficiently withdrawn."


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

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