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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South Korean government plans to supply 41,000 non-apartment housing units in metropolitan area to address housing shortage, with faster construction than apartments but facing criticism over potential budget waste.
South Korea's Ministry of Land, Infrastructure and Transport implements mandatory insurance for delivery workers starting June 3, requiring unlimited personal injury coverage and 20 million won property damage coverage to eliminate uninsured riders.
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.
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