Crackdown on Illegal Use and Subleasing of Rental Land in Saemangeum Industrial Complex

Saemangeum Development Authority to Conduct On-Site Inspections from April 21 to 23

Strong Measures Including Permit Revocation for Violations

A comprehensive inspection of the usage status of rental land within Saemangeum Industrial Complex is being conducted. This measure aims to prevent the misuse of public assets and restore order among tenant companies.

The Saemangeum Development Agency, together with external experts, began on the 21st on-site inspections targeting tenant companies on rental land within the industrial complex. Photo by Saemangeum Development Agency

The Saemangeum Development Authority, together with external experts, will conduct on-site inspections of tenant companies occupying rental land within the industrial complex for three days from April 21 to April 23. The inspections target long-term rental land operated as national property.

Long-term rental land is a public asset jointly created by the central government and local governments to reduce the initial investment burden on companies and to help them establish stable operations. The current inspection is focused on verifying whether the land is being used as intended, in line with its original purpose.

The inspection items include unauthorized use, subleasing without permission, and any damage to the land. The main concerns are cases where the land or factories are used for purposes other than those approved, instances of subletting to third parties without the consent of the managing authority, and cases of land damage or illegal dumping of waste.

Minor violations will be corrected on site immediately, with guidance provided as needed on the proper standards of use. On the other hand, if serious violations are identified, strong measures such as orders for correction, permit revocation, administrative dispositions, and referrals for investigation will follow.

Yoon Jin-hwan, Director of Development Strategy, stated, "The core of this inspection is to create a fair industrial environment where diligent companies are rewarded," adding, "We will thoroughly monitor to ensure that the valuable assets of the people are not wasted, and will respond strictly to any actions that undermine the vitality of the industrial complex."

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