The Ministry of Land, Infrastructure and Transport said Minister Kim Yun-duk visited the redevelopment site of the pioneer district in the Pyeongchon New Town in Anyang, Gyeonggi, on the 3rd to inspect the status of the project's progress.

Minister Kim Yun-duk of the Ministry of Land, Infrastructure and Transport visits the redevelopment site of the leading district in the Pyeongchon New Town project in Dongan-gu, Anyang, Gyeonggi Province, on the 3rd to inspect the project's progress. /Courtesy of Ministry of Land, Infrastructure and Transport

Present were Democratic Party of Korea lawmaker Lee Jae-jung (Anyang Dongan-eul), Gyeonggi Province Vice Governor for Administrative Affairs 1 Kim Sung-jung, and Anyang Mayor Choi Dae-ho. Heads of the Korea Land & Housing Corporation (LH), Korea Housing & Urban Guarantee Corporation (HUG), Korea Land and Geospatial InformatiX Corporation (LX), and Korea Real Estate Board (REB) also joined, strengthening the resolve to swiftly push ahead with the first-phase new towns redevelopment project.

First, the Minister toured the project site to inspect aging dwellings and check inconveniences in residents' daily lives. Afterward, the Minister held a meeting with residents and listened to difficulties related to the redevelopment project.

The Minister said, "Through the enactment of the Old Planned City Redevelopment Act and the designation of pioneer districts, we have laid the foundation to dramatically improve the residential environment of new towns that had been in poor condition," adding, "By revising the Old Planned City Redevelopment Act at the end of this year to allow the parallel establishment of special redevelopment plans under the same act and project implementation plans under the Urban Redevelopment Act, we will simplify various administrative procedures and drastically shorten the project period."

The Minister added, "Through multifaceted cooperation among support organizations—such as providing professional consulting for redevelopment through the operation of the Future City Support Center (LH), automating project procedures through a fully automated consent system (LX), supporting redevelopment costs through the creation of the Future City Fund (HUG), and minimizing disputes through verification of contributions and construction costs (Korea Real Estate Board)—we will support systematic and swift urban redevelopment."

The Minister said, "With the Ministry of Land, Infrastructure and Transport (MOLIT) at the center, the central government, the National Assembly, local governments, and support organizations will, as one team, lead rapid redevelopment through communication and cooperation," and urged officials, "Please proceed swiftly with this redevelopment so that the first-phase new towns, including Anyang, can strengthen urban competitiveness through a transition to future cities and enable the rapid supply of dwellings in the Seoul metropolitan area."

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