Kim Seyong GH President "Establishing Basis for Expanding Public Rental Housing, Revitalizing Through Original Downtown Regeneration"

Kim Se-yong, President of Gyeonggi Housing and Urban Corporation, held an inauguration ceremony on the 22nd and talked about future business directions. Photo by Gyeonggi Housing and Urban Corporation

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Kim Se-yong, president of Gyeonggi Housing and Urban Corporation (GH), announced plans to lay the foundation for increasing the proportion of public rental housing from the current 9% to 20%. He also emphasized revitalizing urban areas through the regeneration of old downtown districts and public redevelopment. Additionally, he promised to strengthen financial soundness, establish a transparent organizational system focused on performance, and expand communication management with employees.

At the inauguration ceremony held on the 22nd, President Kim stated, "Under the vision of becoming the top public enterprise loved and trusted by the residents of Gyeonggi Province, we will build GH into a 100-year company."

He presented five major tasks to achieve this goal: ▲ rapid supply of proper public housing ▲ creation of residential communities considering user needs ▲ Gyeonggi-style smart cities ▲ establishment of regional economic hubs ▲ transformation into a resident shareholder company.

President Kim first pledged, "We will continuously supply various types of public rental housing to lay the foundation for raising the proportion of public rental housing, currently about 9% of Gyeonggi Province's total housing, to 20%. Through this, we will realize residential welfare tailored to user demands."

He added, "To stabilize the housing market, we will discover better candidate sites, enhance urban vitality through old downtown regeneration and public redevelopment, and proactively lead new and high-quality public housing projects."

Furthermore, he presented a vision stating, "Cities will be developed compactly and smartly to maximize convenience and efficiency, and alongside Gyeonggi-style startup valleys such as carbon-neutral cities, zero-energy buildings, and autonomous vehicle pilot zones, we will make Gyeonggi Province an international economic hub leading South Korea."

Regarding GH’s organizational management, President Kim emphasized, "We will strengthen financial soundness, establish a transparent organizational system focused on performance, and especially realize communication management that breathes together with employees."

Following the inauguration ceremony, President Kim’s first schedule was to have lunch with the cleaning, security, and cooking staff who manage the GH headquarters building, taking time to listen to their concerns.

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