Sharing the Roadmap for a 428.2 Billion Won Urban Development Project

On the 25th, Park Hongryul, Mayor of Mokpo, and Lee Hanjoon, President of Korea Land and Housing Corporation (LH), visited the Mokpo Imseong District urban development project site together to inspect the progress and discuss future plans.


According to the city, Lee Hanjoon, President of Korea Land and Housing Corporation, who visited Mokpo that day, toured the Imseong District project site with Mayor Park Hongryul to check on the development progress and share a roadmap for future implementation.

(Photo right) Mayor Hongryul Park and LH President Hanjun Lee are visiting the Imseong District urban development project site to check the progress. Provided by Mokpo City

(Photo right) Mayor Hongryul Park and LH President Hanjun Lee are visiting the Imseong District urban development project site to check the progress. Provided by Mokpo City

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While climbing Bujusan, which offers a panoramic view of the Imseong District, the two organizations agreed to cooperate for the swift implementation of the Imseong District urban development project.


Since the Imseong District was designated as a development-restricted area in 2008, the project has been delayed for 17 years, increasing both anxiety and expectations among local residents. Both parties agreed on the need for prompt progress.


Mayor Park Hongryul said, "I am grateful that LH has shown deep interest in the development of Imseong District and visited the site. Mokpo City will mobilize its administrative resources to actively cooperate so the project can proceed smoothly and make a significant contribution to revitalizing the local economy."


Lee Hanjoon, President of Korea Land and Housing Corporation, responded, "We will do our best to swiftly implement the Imseong District urban development project, which serves as a foundation for balanced regional development, and to create an eco-friendly city."


Meanwhile, the Mokpo Imseong District urban development project began to gain real momentum after passing the Korea Land and Housing Corporation's management investment review in November last year. This year, Korea Land and Housing Corporation plans to announce compensation for obstacles and promote changes to the development and implementation plans, aiming to begin construction next year. Mokpo City plans to actively cooperate to ensure that administrative procedures do not cause further delays.





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

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