Project to Establish Management and Utilization Plans for Public Contribution Assets Begins This Month
"Strategic Utilization in Preparation for the Next 100 Years"
Seoul Metropolitan Government has become the first in the nation to receive a donation of an elderly care facility through public contributions from private development projects, establishing the Seoul Eunpyeong-gu Municipal Eunpyeong Silver Care Center in the Susaek 13 District housing redevelopment site.
The Seoul Metropolitan Government will assess the operation status of public contribution facilities over the past decade and seek ways to utilize them more efficiently.
On the 13th, the city announced that it will commence a project this month titled "Establishment of Management and Utilization Plans for Public Contribution Assets."
Public contribution is a system where a portion of the planning gains obtained by project proposers through urban planning changes or relaxation of building standards is returned to the public. This is done by installing public facilities or providing the land and costs for them.
In 2015, Seoul became the first city nationwide to introduce the "Integrated Management System for Public Contributions" and converted public contributions from development projects into regionally tailored public facilities.
Following the introduction of the integrated management system for public contributions, 107 public contribution facilities closely related to residents' lives, such as elderly care centers, startup centers, kids cafes, and regional arts education centers, were supplied throughout Seoul in addition to roads and parks.
At the 10-year mark since the introduction of the integrated management system for public contributions, the city diagnosed the need for an investigation into the current status of underutilized facilities due to social demands and demographic changes such as low birth rates and aging, and the necessity for efficient management plans.
Additionally, the project was initiated to establish plans for the strategic stockpiling and utilization of public contributions (land, buildings, cash).
Furthermore, using major large-scale development project areas as case studies, the city plans to predict the volume of public contributions and prepare proactive guidelines to ensure reasonable planning. The project is scheduled to be completed within this year.
Jo Nam-jun, Director of the Urban Space Headquarters of Seoul, stated, "We will continuously manage public contribution facilities to enhance the quality of life in local communities and provide practical help to citizens," adding, "Going forward, within the grand vision of preparing for Seoul's next 100 years, we will strategically utilize public contribution assets."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
