Ulsan City Selected for 2024 Public Property Status Survey Project

Over 2,000 Parcels of Public Property to Be Surveyed by December

First Implementation of In-Depth Public Property Status Investigation

Ulsan City announced on the 10th that it has been selected for the “2024 Public Property Status Survey Contest Project” by the Korea Local Finance Association.

Accordingly, Ulsan City has secured 50 million KRW in national funding and will conduct its first-ever detailed status survey through a specialized agency on approximately 2,000 parcels of general and administrative property land by December of this year.

This status survey is being promoted to strengthen practical and systematic property management in line with the Ministry of the Interior and Safety’s efforts to enhance public property management. The total project cost is 150 million KRW, including 50 million KRW in national funding. The project targets 1,738 parcels of general property and 328 parcels of administrative property out of a total of 28,758 parcels of land in Ulsan City.

Through this project, a land use survey based on spatial information will be conducted, along with on-site inspections and cadastral surveys, to establish a foundation for accurately identifying the current status of properties.

An Ulsan City official stated, “We will strive to ensure that this year’s public property status survey is practical and systematic to further strengthen public property management,” and added, “We will do our utmost to ensure sound fiscal management and efficient public property administration through thorough management of our city’s assets.”

Ulsan City Hall

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