The Ministry of Land, Infrastructure and Transport is responsible for the planning, development, and maintenance of national land, infrastructure, and transportation systems. It aims to ensure safe, efficient, and sustainable transportation services for citizens, including roads, railways, aviation, and maritime transport. The ministry also oversees urban planning, housing, and disaster management to enhance the quality of life for the people.
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
 MolitYou | 4 | 2 | -100% | 4 | 56 |
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President Lee Jae-myung announced comprehensive housing measures covering supply, taxation, and finance. Property holding taxes will increase, long-term ownership tax benefits revised, and housing loan regulations tightened in July.
The Administrative City Construction Agency launched a design competition for Sejong District Court with 104.2 billion won investment, targeting March 2031 opening in Bangok-dong.
South Korea's Ministry of Land, Infrastructure and Transport used AI analysis to detect 29 cases of illegal subcontracting at construction sites in the Seoul metropolitan area during inspections from May 11-29.
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