'LH Innovation' in Full Swing... Land Suitability Evaluation Transferred to LX

[Asia Economy Reporter Kangwook Cho] The verification work of the 'Land Suitability Evaluation' conducted by Korea Land and Housing Corporation (LH) will be transferred to Korea Land and Geospatial Informatix Corporation (LX) starting next year. This is the first follow-up measure under the government's policy to abolish, transfer, and reduce 24 of LH's exclusive and non-core functions.

On the 17th, the Ministry of Land, Infrastructure and Transport announced the administrative notice of the revision of the 'Guidelines on Land Suitability Evaluation.' Accordingly, from January 1 next year, the provision of the standard program for land suitability evaluation and the verification of evaluation results certifying the appropriateness of evaluation performed by computer programs other than the standard program, which have been conducted by LH, will be transferred from LH to LX.

Land suitability evaluation is one of the basic surveys conducted by local governments when establishing urban master plans or urban management plans. It is a procedure to assess the locational characteristics of land to determine whether the land is suitable for development or should be preserved. When a local government conducts land suitability evaluation through a specialized service agency, the verification agency evaluates its appropriateness and may request corrections or supplements from the local government.

LH has been designated as the verification agency for land suitability evaluation since 2004 and has performed the work for 18 years. However, following the LH employee speculation scandal earlier this year, a large-scale innovation process was initiated, leading to the decision to transfer the land suitability evaluation verification work. A Ministry of Land, Infrastructure and Transport official explained, "A clause for a re-examination period has been newly established to review its validity every three years and take improvement measures."

Meanwhile, the government announced LH speculation prevention measures last March, stating that it will gradually reduce 1,064 personnel by 2025 in connection with the adjustment of LH functions. Accordingly, adjustments to 24 functions are expected to be made by the end of the year. The government is also reportedly considering a plan to separate the new town site investigation work from LH and have the Public Housing Promotion Team of the Ministry of Land, Infrastructure and Transport directly perform it to prevent prior leakage of new housing development information.

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