Won Hee-ryong: "2.5 Million Housing Units + Alpha, Fine Adjustment Needed... Best Effort for Gadeok New Airport Completion by 2029"

Ministry of Land, Infrastructure and Transport National Assembly Work Report

Won Hee-ryong, Minister of Land, Infrastructure and Transport, is responding to questions from lawmakers at the Land, Infrastructure and Transport Committee plenary meeting held at the National Assembly on the 1st.

Won Hee-ryong, Minister of Land, Infrastructure and Transport, announced on the 1st that the detailed plan for the '2.5 million housing units + α' supply measure will be announced around the 10th of this month, and that there may be detailed adjustments in the quantity considering the unsold housing situation in some areas.

At the Land, Infrastructure and Transport Committee briefing held at the National Assembly on the same day, Kang Dae-sik, a member of the People Power Party, pointed out that the overall economic situation has worsened recently due to increases in interest rates, prices, and exchange rates, causing the housing price trend to slow down. He asked Minister Won, "In particular, unsold housing units have significantly increased in the Daegu and Gyeongbuk regions. Considering this, isn't there a need to adjust the supply?"

In response, Minister Won said, "The 2.5 million housing units + α refers to the government's supply capacity," adding, "Regarding the short- and long-term supply plans and the composition between the metropolitan area and non-metropolitan areas, it is natural to make fine adjustments while observing the changing environment, economic conditions, and supply-demand situation."

When Kang asked a follow-up question about what he thought was the most mistaken real estate policy of the previous administration, Minister Won pointed out, "In terms of content, the supply did not match the demand at all, and the supply measures that were made came too late."

He then stated that the specific announcement date for the 2.5 million housing units + α supply plan is "planned around August 10th."

Regarding the Gadeokdo New Airport, he said that intergovernmental support has been confirmed.

In response to a question from Kim Du-kwan of the Democratic Party about the 'Gadeokdo New Airport roadmap related to the 2030 Busan Expo bid,' Minister Won said, "The 2030 Busan Expo bid is a national project promoted at the intergovernmental level," adding, "To support this, we will do our best to complete the Gadeokdo New Airport by 2029."

He continued, "There has already been intergovernmental decision-making on this, and the Ministry of Land, Infrastructure and Transport will provide procedural support to the fullest extent."

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