Korea Land and Housing Corporation

LH was established to improve quality of life and develop the national economy by creating stable housing for the country’s citizens and efficiently utilize national land. Major Duties - To construct and supply decent and affordable housing to those in need, improving their living environment, as well as to implement tailored residential welfare programs - To develop residential areas, new towns, multi-functional administrative cities, innovation cities, as well as to execute projects aimed at regenerating cities in order to create comfortable residential spaces within urban environments - To develop industrial and logistics complexes, including the Kaesong Industrial Complex, FEZs, and overseas land to boost national competitiveness and create employment - To perform land reserve and management, rental housing management, and land and housing informatization