Choi Sang-mok: "The 1st Phase New Town Leading District Contest Will Be Moved Up to May"

Choi Sang-mok, Deputy Prime Minister for Economy and Minister of Strategy and Finance, announced that the public offering for the lead districts of the first-generation new towns will be moved up from June to May.

On the morning of the 14th, Deputy Prime Minister Choi chaired an emergency economic ministers' meeting at the Government Seoul Office and stated, "We will accelerate efforts so that 'the housing that the people want' can be supplied more in 'the places the people want.'"

Choi Sang-mok, Deputy Prime Minister for Economic Affairs and Minister of Economy and Finance, is speaking about follow-up measures for the housing sector livelihood discussion at the Emergency Economic Ministers' Meeting held on the 14th at the Government Seoul Office in Jongno-gu, Seoul. Photo by Jo Yong-jun jun21@

Deputy Prime Minister Choi said, "Out of the 77 tasks discussed at the housing sector livelihood forum, 13 have been completed. We will implement the remaining tasks as quickly as possible," adding, "The public offering for the lead districts of the first-generation new towns, which residents are highly interested in, will also be significantly advanced to start in May."

He continued, "By March, we will relax the redevelopment aging requirements and remove the room number restrictions for urban-type residential housing."

He also pledged to further accelerate the recovery of the livelihood economy. Deputy Prime Minister Choi said, "Although our economy has been on a recovery trend recently, there are still difficulties in various parts of the livelihood economy," and added, "The government will focus all policy capabilities on recovering the livelihood economy, reflecting once again on the meaning of 'Gyeongsejemin (經世濟民),' which means an economy that enriches the lives of the people."

He announced that the semiconductor mega cluster project will be promoted without setbacks, and that comprehensive support plans and fabless industry promotion measures will be prepared by next month and within the first half of the year, respectively. The 'Advanced Semiconductor Academy' program, in cooperation with the Netherlands, will also be launched next week.

To establish advanced industrial clusters, he emphasized that preliminary feasibility study exemptions will be pursued for areas with sufficient demand from resident companies, such as the space launch vehicle industrial complex in Goheung, Jeollanam-do, and the nuclear hydrogen industrial complex in Uljin, Gyeongsangbuk-do.

Deputy Prime Minister Choi said, "Other candidate industrial complexes will be selected for feasibility studies as needed, and the study period will be reduced from seven months to four months," adding, "We will promptly resolve on-site difficulties raised during the process of establishing individual clusters." In this regard, plans to improve transportation networks to reduce traffic congestion in the southern metropolitan industrial complexes will be prepared, and the 7-floor height restriction in the Daedeok Research and Development Special Zone will be removed to ensure sufficient space for research and startups.

In new growth sectors such as mobility and bio, which could become future growth engines of our economy, about 30 follow-up measures will be prepared within the year, and active support will be provided to expand K-Food exports to $13.5 billion by the end of the year.

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