Tag: Land Ministry

Land Ministry

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Visitors participate in the ″2025 World Smart City Expo″ held in Busan in July 2025. The event was organized by the Ministry of Land, Infrastructure and Transport and the Ministry of Science and ICT. [NEWS1]

Korea to pilot AI smart cities in 5 Southeast Asian countries

Korea will undertake pilot projects to test AI-based smart city technologies in five Southeast Asian countries, aimed at helping address urban challenges and support domestic firms' global expansions.

2026.4.13

First Vice Land Minister Lee Sang-kyeong apologizes on Oct. 23 via a YouTube livestream for his recent controversial remarks on real estate and allegations of engaging in a speculative gap investment. [SCREEN CAPTURE]

Vice Land Minister resigns after out-of-touch comments and spouse's speculative apartment deal

President Lee Jae Myung on Saturday accepted the resignation of the vice land minister amid mounting controversy over his recent comments about the housing market and his personal real estate dealings.

2025.10.25

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First vice land minister apologizes for wife’s controversial apartment investment

First Vice Land Minister Lee Sang-kyeong apologized on Thursday after coming under fire for his spouse’s "gap investment" to finance a multimillion-won apartment purchase — a move critics say contradicts his own advice to would-be homebuyers.

2025.10.23

Land Minister Kim Yun-duk, right, and visiting Saudi Housing Minister Majed Al-Hogail shake hands during their talks in Seoul on Oct. 20. [YONHAP]

Land minister discusses smart city cooperation with Saudi counterpart

Land Minister Kim Yun-duk on Monday held talks with his counterpart from Saudi Arabia to discuss ways to expand bilateral cooperation in urban development, smart cities and digital twin technologies.

2025.10.20

Government officials attend a joint-ministry press briefing on new real estate regulations at the government complex in Jongno District, central Seoul on Oct. 15. From left, National Tax Service Commissioner Lim Kwang-hyun, Director of the Office for Government Policy Coordination Yoon Chang-yul, Deputy Prime Minister and Finance Minister Koo Yun-cheol, Minister of Land, Infrastructure and Transport Kim Yun-duk and Financial Services Commission (FSC) Chairman Lee Eog-weon. [NEWS1]

Gov't announces real estate clampdown, regulates all of Seoul

The Ministry of Land, Infrastructure and Transport announced a sweeping real estate clampdown, expanding regulation zones across all districts of Seoul and 12 areas in Gyeonggi while also designating them as land transaction permit zones.

2025.10.15

Tourists takes photos on Mount Namsan in central Seoul on Aug. 21. [YONHAP]

Nonresident foreigners banned from purchasing homes in Seoul

Foreigners intending to invest in Korean real estate must now reside in the property for two years and obtain approval, aimed at curbing speculative purchases in Seoul, Gyeonggi and Incheon.

2025.8.21

The special counsel team investigating allegations surrounding former first lady Kim Keon Hee raids the Ministry of Land, Infrastructure and Transport offices in Sejong on July 14. [NEWS1]

Special counsel raids land ministry, subcontractors in probe involving ex-first lady

The special counsel team investigating allegations surrounding former first lady Kim Keon Hee raided Monday some 10 locations, including the land ministry, as part of its probe into a controversial expressway project.

2025.7.14

Jeju Air, T'way Air and Korean Air airplanes are seen at Incheon International Airport on Jan. 7. [YONHAP]

Jeju Air, T'way Air, Korean Air fined total of 3.54 billion won for safety violations

The government imposed a total of 3.54 billion won ($2.59 million) in fines on three airlines — Jeju Air, T’way Air and Korean Air — for violations of the Aviation Safety Act, the Ministry of Land, Infrastructure and Transport announced Tuesday.

2025.5.27

This undated file photo shows Democratic Party officials presenting a complaint over a controversial Seoul-Yangpyeong expressway project to the Corruption Investigation Office for High-ranking Officials. [YONHAP]

Police raid Land Ministry over controversial expressway project

Police on Friday raided the Land Ministry and the office of the Yangpyeong county in Gyeonggi over an allegation that former Land Minister Won Hee-ryong changed the route of an expressway to benefit the family of former first lady Kim Keon Hee.

2025.5.16

Commuters pass through subway turnstiles at the platform of Seoul Station in central Seoul on Wednesday. The K-pass, a public transportation discount card that provides partial reimbursement of public transportation expenses for 15 to 60 rides, was officially launched the same day. [YONHAP]

'K-pass' begins operation, offering transport discounts nationwide

Commuters in Korea are now able to use public transportation at discounted fares with the official launch of the K-pass on Wednesday.

2024.5.1