The Ministry of Land, Infrastructure and Transport announced that it will start construction of over 50,000 housing units in public housing sites in the Seoul metropolitan area next year and begin the first move-in for the third new towns. Additionally, as a measure to revitalize local areas, the ministry will announce the second relocation plan for public institutions next year and start immediate relocation from 2027, while significantly expanding local transportation infrastructure such as roads, railways, and airports to realize the ‘5 mega-regions and 3 special zones’.
On the 12th, the Ministry of Land, Infrastructure and Transport reported on the ‘5 major areas and 10 major projects’ that the government will focus on next year under the theme ‘Redesigning the Land, Reconnecting the Path of Growth’ at the Sejong Convention Center. Minister Kim Yoon-deok emphasized the need for special measures to revive local areas as the concentration in the metropolitan area has reached its limit. Therefore, the second relocation of public institutions is set as the top priority for balanced growth, with plans to prepare the relocation plan in 2026 and start immediate relocation from 2027.
To stabilize the housing market, the ministry plans to start construction of over 50,000 housing units in public housing sites in the Seoul metropolitan area next year and begin the first move-in for the third new towns. For low-income households, at least 1.1 million public housing units will be supplied over five years at reasonable prices for long-term residence, and at least 152,000 public rental housing units will be supplied to reduce housing costs. Additionally, to guarantee housing rights, the ministry will actively promote the reconstruction or performance improvement (remodeling) of old public rental housing.
The ministry also expressed its determination to make Korea safe and fair. To strengthen construction safety, it will enact the ‘Special Act on Construction Safety’ to clearly assign safety management duties to each party, and focus on aviation safety by improving airport facilities and increasing the number of air traffic controllers. In particular, the Aviation Accident Investigation Board will be swiftly transferred to the Prime Minister’s Office, and continuous communication and support will be provided to the families of the victims of the 12.29 passenger plane crash.