Minister Won Hee-ryong of the Ministry of Land, Infrastructure and Transport orders 28 agencies to "halt personnel appointments until innovation plans are prepared"
Director-General's Directive No. 1 on Public Institution Reform... Establishment of Self-Innovation Measures
[Asia Economy Reporter Kim Min-young] On the 23rd, Won Hee-ryong, Minister of Land, Infrastructure and Transport, instructed the affiliated public institutions to "completely halt personnel and organizational restructuring until they prepare their own innovation plans."
The Ministry of Land, Infrastructure and Transport held an emergency meeting chaired by Minister Won Hee-ryong on the same day to discuss innovation plans for the 28 public institutions under its jurisdiction. This meeting was convened to promptly implement the "Presidential directives on public institution reform" amid ongoing criticism that public institutions have failed to meet public expectations due to repeated cases of reckless management, serious accidents, and reemployment through their work.
Through the meeting, Minister Won emphasized, "Public institutions under the Ministry of Land, Infrastructure and Transport are closely related to citizens' lives in housing and transportation, and have an annual sales scale exceeding 52 trillion won, significantly impacting the national economy. Therefore, the Ministry must take the lead in reforming the abnormal practices of these public institutions." He further instructed, "All public institutions must submit their own innovation plans within a week, and to focus on preparing these plans, any personnel or organizational restructuring conducted independently by the public institutions must be suspended during the preparation period."
The Ministry plans to form a ‘Public Institution Innovation Task Force’ together with private experts, strictly evaluate and supplement the innovation plans submitted by the public institutions, finalize the innovation plans, and then proceed with their implementation.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
The Ministry of Land, Infrastructure and Transport stated that it will lead the 28 affiliated public institutions to become efficient and well-performing organizations in the future.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.