Formation of Working-Level Council and Discussion on Regulatory Improvements
Seoul Housing and Communities Corporation (SH Corporation) and the Seoul Metropolitan Chapter of the Korea Construction Association are set to pursue regulatory relaxation and institutional improvements to advance the construction industry.
On April 27, SH Corporation and the Seoul Metropolitan Chapter announced that they had signed a memorandum of understanding (MOU) on April 25, aimed at promoting the development of the construction industry, improving regulations, and leading a culture of mutual growth.
Hwang Sangha, President of Seoul Housing and Communities Corporation (left), and Choi Taejin, Chairman of the Seoul Metropolitan Chapter of the Korea Construction Association, are shaking hands after signing the agreement. Provided by Seoul Housing and Communities Corporation
Through this agreement, the two organizations plan to establish a cooperative framework to strengthen the competitiveness of the construction industry. The agreement includes provisions for technical support and information sharing to efficiently carry out public housing projects.
The two organizations intend to form a working-level council to develop measures for easing regulations and improving systems that hinder the development of the construction industry. They also plan to discuss joint research and policy support to enhance safety management and quality at construction sites. In addition, they will collaborate on expanding housing supply and improving working conditions.
Hwang Sangha, President of SH Corporation, stated, "With this agreement as a starting point, we will actively work to improve unnecessary regulations and systems that hinder the development of the construction industry."
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