Ministry of Land, Infrastructure and Transport Enforces ‘Revised Private Rental Housing Special Act’ to Reveal List of Malicious Landlords
The Ministry of Land, Infrastructure and Transport to Disclose List of Malicious Landlords The Ministry of Land, Infrastructure and Transport building in Sejong City. (Photo: Shina Ilbo DB) The Ministry of Land, Infrastructure and Transport will enforce the ‘Revised Private Rental Housing Special Act and the Housing and Urban Fund Act’ starting from the 29th […]
GS Engineering & Construction Tops List of Construction Companies with Poor Quality Construction
Government to Release Top 20 List of Construction Companies with Housing Shortages The Ministry of Land, Infrastructure and Transport has announced that it will be publishing a list of the top 20 construction companies facing housing shortages every six months. This decision comes after the ministry started accepting housing defect issues through the website of […]
Top News Headlines from Various Media Companies on September 26, 2021
Here’s the latest news roundup from various media outlets on September 26, presented by Infostock Daily: 1. The Ministry of Land, Infrastructure and Transport revealed the top 20 construction companies with the most apartment defects over the past five years. GS Engineering & Construction ranked first, with Daewoo Engineering & Construction and Lotte Engineering & […]
Hyundai and Kia Hold ‘Ideas Festival 2023’ as Electric Vehicle Demand Rises
Hyundai and Kia Hold ‘Ideas Festival 2023’ Final Competition Hyundai Motor Company and Kia have recently announced the successful conclusion of the ‘Ideas Festival 2023’ final competition. This grand event took place at the Namyang Technology Research Center in Hwaseong-si, Gyeonggi-do, where executives and employees pitched innovative ideas, resulting in the creation and presentation of […]
Korean Minister of Land, Infrastructure and Transport pledges increased support for Ukraine’s reconstruction project
Minister of Land, Infrastructure and Transport Won Hee-ryong has expressed strong support for Ukraine’s reconstruction project. Speaking at the Global Infrastructure Cooperation Conference (GICC) held in Seoul on the 19th, Minister Won announced that the Korean government is planning to significantly increase its budget for aid to Ukraine’s reconstruction efforts and official development assistance (ODA) […]
The Construction Industry Anticipates Government Measures to Revive Real Estate Supply
The upcoming real estate supply measures announced by the government have caught the attention of the construction industry. Construction companies are facing challenges such as high construction costs, a tight capital market, and a downturn in the construction economy, primarily due to the continuous increase in material prices since last year. The industry is hopeful […]
Residents of Uiseong-gun Rally for Joint Agreement Implementation of New Integrated Airport
Revamp of Text: On the 31st, residents of Uiseong-gun in Gyeongsangbuk-do gathered at the Bian Manse Center in Bian-myeon, Uiseong-gun, to stage a rally, demanding the timely implementation of the agreement for the new integrated airport. The protest stemmed from the release of a draft suggesting the construction of a cargo terminal in Gunwi-gun, Daegu […]
Government and Hyundai E&C Sign Concession Agreement for Construction of GTX-C Line, Targeting Construction Start within the Year
Hyundai E&C and the government have recently reached a concession agreement for the construction of the GTX-C line in the metropolitan area. However, the project has faced several delays due to objections, leaving doubts about whether construction can commence within the targeted timeframe. MBC News reporter Jeong Dong-wook provides the latest updates on this matter. […]
Minister of Land, Infrastructure and Transport Orders Complete Halt to Contracting Services with Former Companies
Minister Wins Hee-ryong Takes Drastic Measures to Address Corruption Scandal at Korea Land and Housing Corporation SEOUL – The Minister of Land, Infrastructure and Transport, Wins Hee-ryong, has made a bold move to combat corruption at the Korea Land and Housing Corporation (LH). On October 15th, Minister Wins ordered LH to immediately halt all contracting […]
Ministry of Strategy and Finance Approves Feasibility of Daegu K-2 Military Airport Relocation Project: A Major Step Towards Regional Development and National Security
Ministry of Strategy and Finance Approves Daegu K-2 Military Airport Relocation Project On the 14th, the Ministry of Strategy and Finance inaugurated the National Property Policy Discussion Committee and successfully finalized the business plan. This marks the official recognition of the business feasibility of the Daegu K-2 Military Airport Relocation Project, a project that has […]
