MOLIT (Ministry of Land, Infrastructure and Transport)

The Ministry of Land, Infrastructure and Transport is charged with a mission of great importance and dedicates its efforts to the country and people as housing, territorial, construction, water resources, transport and logistics policies are directly associated with national economic competitiveness and the life of citizens.

First, the organization focuses on strengthening residential stability of low and middle income people. By promoting public rental housing, private rental housing (“New Stay” to be managed by a private developer and supplied to low and middle income people with diverse residential services such as laundry, cleaning, moving and child care) and housing allowance, the Ministry will increase customized housing policies based on more specific analysis and statistics on consumers, market, social class and region.