Chungnam Development Corporation Wins Top Prize for Best Practices in Revitalizing the Local Economy

Awarded the Minister of the Interior and Safety Prize
for "Live Together!" Housing Policy
to Overcome Low Birth Rates

Chungnam Development Corporation has been recognized for its achievements in housing policies aimed at overcoming the crises of low birth rates and regional extinction, winning the top prize at the National Local Public Institutions Best Practices Contest.

On September 29, Chungnam Development Corporation announced that it had won the top prize at the "2025 Best Practices Contest for Revitalizing the Local Economy by Local Public Institutions," held at the Local Public Enterprise Evaluation Institute.

This contest, organized by the Ministry of the Interior and Safety and the Local Public Enterprise Evaluation Institute, saw 162 institutions nationwide submit a total of 223 cases. Of these, 20 cases with outstanding achievements in revitalizing the local economy and creating social value were ultimately selected.

Chungnam Development Corporation received the Minister of the Interior and Safety Award in the "Promoting Local Consumption and Regional Cooperation" category for its case titled "Housing Policy to Respond to Low Birth Rates: Chungnam-Style Live Together!"

Through its "Urban and Rural Live Together" project, the corporation simultaneously pursued youth and newlywed housing stability, prevention of rural extinction, and improvement of the residential environment, achieving significant results.

In particular, the corporation was recognized for producing tangible outcomes by streamlining administrative procedures, expanding special housing supply, and creating a carbon-neutral residential environment.

President Kim Byungkeun stated, "The corporation's efforts to supply housing to overcome the crises of low birth rates and regional extinction have been recognized nationwide," adding, "We will continue to take the lead in revitalizing the local economy and ensuring housing stability for residents."

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