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'20 new towns needed over next 10 years'.
(From The Korea Herald)
By Seo Ji-eun A leading think tank said in a recent report that Korea needed to build over 20 new towns nationwide over the coming decade for the long-term stabilization of the nation's housing market. The Korea Research Institute for Human Settlements, affiliated with the Ministry of Construction and Transportation, presented a report on a comprehensive housing plan for 2003-2012 to Cho Jong-chan, the minister of construction and transportation, and other government officials at the Gwacheon government complex, south of Seoul, Saturday.
According to the report, the nation will need about 429 square kilometers of new residential areas by 2012 to host 4.38 million new housing units.
Broken down by area, 2.41 million houses will be needed in the Seoul metropolitan area and 1.97 million in other regions. Construction of those units will require 232 square kilometers of land near Seoul and 196 square kilometers outside the capital region. Of the required land, at least half will be subject to systematic development in portions measuring larger than 3.3 square kilometers, the think tank said, referring to the need ...
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- Haber Inc. Receives Four Prospecting Licenses Totaling 469 Square Kilometers in...
- Press release article from: Business Wire May 29, 2007 700+ words
...prospecting licenses totaling 468.99 square kilometers. The licenses are designated; "Sankore" covering an area of 112.7 square kilometers, "Akrodie" covering an area of 124.99 square kilometers, "Datano" covering an area of 99...
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...respectively. "The creation of these new towns is part of the joint effort of the Regional...in favor of the creation of the three new towns because leaders there were part of the...the regional law creating these three new towns," Unas said. Ampatuan said it is also...
