Above all: The most precious you 172 Dolma-Ro(217 Jeongja-Dong), Bundang-Gu, Seongnam-Si, Gyeonggi-Do(463-755), Korea t. +82-31-738-7114 http://www.lh.or.kr Copyright 2013.11 KOREA LAND & HOUSING CORPORATION Designed by SNA COMMUNICATIONS t. +82-2-335-0615 The most precious you Above all: LH, as a leading institute of Land and Housing Development of Korea, has never stopped moving forward to build a better country. Korean people have been with us from the beginning. Through our drive for continuous innovation, we are moving forward with Koreans for a globalized and developed Korea. You are our priority, and we are here to be at your service. CONTENTS 02 04 06 08 10 18 50 58 Best Place Best Partner Best Pioneer CEO’s Message About LH Business Social Contribution Organization The most precious you Above all: LH, as a leading institute of Land and Housing Development of Korea, has never stopped moving forward to build a better country. Korean people have been with us from the beginning. Through our drive for continuous innovation, we are moving forward with Koreans for a globalized and developed Korea. You are our priority, and we are here to be at your service. 1115_E 컨셉 LH공사.indd 1 2013.11.22 8:51:35 PM Above all: We care for the most precious you 1115_E 컨셉 LH공사.indd 2 2013.11.22 8:51:36 PM LH establishes a foundation for happy lives best place LH has written the history of housing and land development of Korea. As we enriched people’s quality of life by introducing residential stability and land development, we will give our best to satisfy you. 1115_E 컨셉 LH공사.indd 3 2013.11.22 8:51:36 PM LH commits to you best partner Your happiness is our priority. We will listen to you, and gladly accept your opinion; we will be with you. LH builds a happy Korea with its citizens. 1115_E 컨셉 LH공사.indd 4 2013.11.22 8:51:38 PM Above all: We stand by you 1115_E 컨셉 LH공사.indd 5 2013.11.22 8:51:39 PM LH builds bridges to a bigger world best pioneer Our passion and dream lies on advanced and developed Korea. Building the foundation for a happy life is the core value of LH. With passion, and a drive for challenge and innovation, LH will lead you to a bigger world. 1115_E 컨셉 LH공사.indd 6 2013.11.22 8:51:41 PM Above all: We take up challenges for the betterment of your future 1115_E 컨셉 LH공사.indd 7 2013.11.22 8:51:42 PM • CEO’s Message “ We will give our best to create a better place for living and work” As a public enterprise, LH has been working towards its mission of providing better housing and work facilities by building affordable and quality housing while developing land efficiently. Established in 1 October 2009, LH shares the same core values with Korea National Housing Corporation and Korea Land Corporation. These public enterprises, established in 1962 and 1975 respectively, have tried to improve residential stability of ordinary people and develop land for economic growth. LH has been improving the quality of people’s lives and contributing to Korea’s economic development. 08 1119_E 00 LH공사.indd 1 2013.11.22 8:34:9 PM LH has built 2.43 million housings and established residential areas, new cities, industrial complexes, etc. Also, we have been working hard to provide convenience to people by building various infrastructures such as roads, water and sewerage facilities, public parks, and schools. LH continues to strive to create better environment for work and living. LH has been actively promoting housing welfare through our rental housing projects. For instance, our “Happy Housing” project is part of our constant efforts to ease people’s worries about the cost of housing. Furthermore, LH provides various land and housing services including development of land for housing and new towns, construction of Sejong-city and Inno-cities, industrial and logistical complexes, land banking, territory management and so forth. LH, as a public enterprise, will focus not only on housing welfare, but also on a balanced regional growth and urban restoration to contribute to economic development and the improvement of people’s lives. LH will not only be just developing land and building housing, but will transform lands to become a beautiful residential space for people. LH promises to exert utmost efforts to build cities and homes the future generation can be proud of. Korea Land & Housing Corporation CEO We will always reach out to people with excellent service and innovation. Lee Jai Yeong 09 1119_E 00 LH공사.indd 2 2013.11.22 8:34:9 PM About LH 1119_E 00 LH공사.indd 3 2013.11.22 8:34:9 PM LH’s core value is people-centered management sus tain able 1119_E 00 LH공사.indd 4 LH was founded to provide the people of Korea the land and housing that they want. With its own unique management system and competitive vision and driving power, we will step forward for people. As a public enterprise, LH’s core value and mission are peoplecentered management. We will always think first of what people want to make better and beautiful lands and cities. 2013.11.22 8:34:9 PM LH Value System LH will serve the people by improving quality of their lives and establishing foundation for national development. 12 | About LH 1119_E 00 LH공사.indd 5 2013.11.22 8:34:11 PM Mission & Vision Mission Spearhead the improvement of the quality of life and development of the national economy through the realization of stable housing for the country’s citizens and the efficient utilization of land. Vision A top-class land and housing service corporation that creates happy living environment •Pleasant residential spaces in which everyone would like to live •New green growth cities that lead the future •A developed and globally competitive country Ho us ing Look High 2020! La nd & Gr ow th Be st Pa rtn er In fra st ru ct ur e Be st Pi on ee r Ha pp yH ou sin g •Trust (Best Place; 信) •Touching lives (Best Partner; 幸) •Challenge (Best Pioneer; 進) & W elf ar e Be st Pl ac e Core Values Introduction LH Purpose of Establishment “Look High 2020!” is a future vision of LH to be trusted by people as a global leading enterprise in housing and land industry. To contribute to economic development, LH spearheads the improvement of people’s quality of life and the efficient utilization of land by acquisition, development, banking, supply of land; urban development and maintenance; construction, supply, and management of housing. Current Status Date of Establishment: 10.1.2009 Headquarters: 5 Divisions, 2 Sections, 1 R&D Institute, 48 offices Branches: 12 local headquarters, 11 operation headquarters, 12 direct project units. Number of Employees: 6,684 Finance: Assets - 167.7 Trillion Won Liabilities -138.1 Trillion Won Equity - 29.6 Trillion Won Subsidiaries: Korea Housing Management Co., LTD, Korea Real Estate Investment & Trust Co., LTD, Korea Construction Management Co., LTD, Hannuri Co., LTD LH Value System | 13 1119_E 00 LH공사.indd 6 2013.11.22 8:34:12 PM 14 | About LH 1119_E 00 LH공사.indd 7 2013.11.22 8:34:24 PM LH History Sharing the same track with the history of Korea’s economic and social development, LH’s history is still in progress. 1980’s 2010’s 1980~84.Constructed Gwacheon New Town (13,522 houses) 2006.Undertook the project to construct the Pyeongtaek International Business Zone 1986~89. C onstructed Sanggye New Town (42,874 houses) 1989.Constructed the first-phase new towns in metropolitan areas (Bundang, Ilsan, Pyeongchon, Jungdong and Sanbon) 1990’s 1994.Constructed Jayuro Expressway and Tongildongsan (Unification Hill). 1996. Changed the company’s name to KLC. 1998.Approved the construction of Korea’s first National Rental Housing (341 houses in Jeongja, Suwon), and purchased corporate land to support corporate restructuring efforts 2006.Launched the Support Center for Housing Rentals 2007.Began the construction of Sejongcity and Inno-cities Completed the first stage project in Gaeseong Complex 2008.Exported Korean-type new towns to overseas markets 2009. Establishment of LH 2009.Marked the construction of a total of 2 million houses 2010.The first among public enterprises to employ senior citizens 1960’s 2000’s 2011 7.1.1962. Founded the KNHC 2000.Performed South-North economic cooperation projects including the development of Gaeseong Industrial Complex •First residents of Sejong-city moved in 1962.Constructed Korea’s first apartment complex (Mapo) 1965.Developed large-scale housing land 1970’s 1971.Constructed Korea’s first rental apartments (Gaebong-dong) 2001.Constructed the second-phase new towns in the metropolitan area (Pangyo, Dongtan, Gimpo, Paju, etc.) 2002. 1971~79.Constructed the Banpo apartment complex (7,906 housing units) 1975~78.Constructed apartments in Jamsil (19,180 houses) 1975. Founded the Land Bank 1979.Pioneered the development of land for industrial complexes 2003. •Opened Je 2 Jayuro Expressway and Gimpo-Hangangro Expressway •Confirmed movement of the HQ office to Jinju Inno-cities E xpanded regional total development projects, and undertook to develop the national land informatization system project; designated as the Green Building Certification Center 2012 Performed FEZ projects •Received the highest rank (‘excellent’) in customer satisfaction four years in a row 2004.Supplied purchased multi-unit tenement rental housing (Seoul) •First residents of Bogeumjari Housing units moved in •Opened LH Land & Housing University •Recruited the first round of LH new employees 1979.Expanded and reorganized the KLC 2009 Establishment of LH 2015 Sustainable Management System Enhancement 2020 Became a global leader in Housing & Land industry LH History | 15 1119_E 00 LH공사.indd 8 2013.11.22 8:34:26 PM LH Business Overview LH not only stabilizes citizens’ housing and efficiently manages the land, but also contributes to the nation’s economic development and competitiveness. Business performance Roads & Parks Housing for Sale 5,516km2 1,18 millions (49%) 6.4% of the entire roads in Korea nation-wide (1982 ~ 2009) Rental Housing 2,461 parks 1.25 millions (51%) 16.5% of all urban parks in Korea Water Supply and Sewerage 6,435km 4.4% of water supply line in Korea Housing Construction 2.43 millions After its establishment, LH built housing (as of the end of 2012) 1,813 millions The total number of housings in Korea (13.4%) 650km2 Housing sites and new towns developed 301km2 Industrial complexes and free economic zones developed Land Development 1,068km2 Land development by LH after establishment (as of the end of 2012) 2 9,497km 8.9% of sewerage supply in Korea School Land 1,168 sites 10.4% of elementary, middle, high schools in Korea 612 sites 4.2% of kindergarten in Korea 16 | About LH 117km Sejong-city & Inno-cities 17,420km2 6.1% of total urban spaces National Social Overhead Capital Provision Major business Happy Housing Housing Welfare Division Rental Housing Provision & Management Promotes housing safety net by building housing units that fit the needs of people Urban Regeneration Urban Environment Division New-town Project Land & Urban Development Systemic and well-planned land and urban development to create settlement space Public Housing Division Construction of Housings for Sale Construction of Rental Housings Supports non-homeowners to have their own houses and stabilize housing supplies Sejong-city & Inno-cities National Project Division Processes large-scale national projects and enhances national competitiveness LH Business Industrial & Logistics Complex, Free Economic Zone Land Bank, Overseas Project, Inter-Korean Cooperative Development Service & performance LH devotes to secure citizen’s housing stability and develop land through welfare housing projects for vulnerable people, public housing construction for non-homeowners, and national projects for national economic development. LH Business Overview | 17 LH Business: 1119_1 E LH공사.indd 1 2013.11.22 8:39:44 PM Citizens are at the heart of our projects res pect ful 1119_1 E LH공사.indd 2 All of LH’s projects are for the people. From housing welfare to national policy projects, LH takes diverse actions to help more people to have better lives. LH will perform its mission as a public enterprise to provide better land and housing to people. We will attend to the needs of people with devotion and with the goal of building a better Korea together. Housing welfare project · Urban environment project Public housing project · National policy project 2013.11.22 8:39:44 PM WELFARE HOUSING BUSINESS LH fulfills your hopes LH provides stable and affordable housing to disadvantaged households who could not afford their own houses. We provide comprehensive housing welfare services to promote housing safety net and enhance the quality of life. 1119_1 E LH공사.indd 3 2013.11.22 8:39:47 PM 1119_1 E LH공사.indd 4 2013.11.22 8:39:48 PM Environment-friendly Residential Complex Town Happy Housing The Happy Housing project is mainly focused on building housings on demand at available public sites at city center. 22 | LH Business 1119_1 E LH공사.indd 5 2013.11.22 8:39:50 PM Residential Complex Town for Housing and Various Functions The Happy Housing project is to construct multi-functional residential complexes, which also provide work and commercial areas. The new 2013 Happy Housing project is aimed to meet various rental housing demands by diversifying preferred applicants to include university students, newly married couples, young professionals and others. Leader of Happy Housing, LH The Happy Housing project, as a residential complex town, is not confined to residential housing, but provides commercial and work facilities. It will not only contribute to job creation, but also to fulfill its role as a local community revitalization point, creating a chance to improve the quality of life of the people around it. As one of the main projects of the new government, the Happy Housing project selected seven pilot districts (Oryu, Gajwa, Gongreung, Gojan, Mokdong, Jamsil, Songpa) in 7 May 2013. Starting from these seven areas, the happy housing will be extended to local major cities. By successfully launching the Happy Housing project, we have become the leader in happy housing welfare. Happy Housing project is different from existing public housing built around new satellite towns and sites. As it is located at the heart of the city, Happy Housing will be an ideal residence close to the workplace of young professionals in the city. Welfare Housing Business | 23 1119_1 E LH공사.indd 6 2013.11.22 8:39:51 PM Provides Demand-Focused Rental Housing and Comprehensive Welfare Service We provide various rental housings based on income of tenants. We promote housing safety net for underprivileged families to fulfill our commitment to comprehensive housing welfare services. 1119_1 E LH공사.indd 7 Rental House Supply and Management LH leases rental housings for more affordable rates compared to other housings in the same area. This has been possible by renting out housing constructed, leased or purchased by LH. Tenants can choose among diverse options for lease periods and rent rates to suit their own financial circumstances. Keeping up with recent housing trends, we provide more diverse houses on demand such as studio-type housing for singles and families of two, rented housing on deposit basis for university students, rental housings for newly-wed couples and newly-employed people, etc. 2013.11.22 8:39:53 PM LH also provides quality services through effective housing management and maintenance. Especially, we strengthened public-private cooperative governance to provide comprehensive welfare such as job creation, child care, consulting and so forth. ■New Rental Housings Financed by the government and national housing fund, this project is focused on constructing new rental housings. Based on mainly renters’ income, we provide various types rental opportunities, such as permanent rental housing, national rental housing, public (5, 10, 50 year basis) rental housing, long-term deposit-based lease for lower rates than private housings. 1119_1 E LH공사.indd 8 ■Purchased, Deposit-based Lease Housings LH purchases or leases existing depositbased housings located at the city center and re-rent these housings to lowincome families. By lowering the burden of housing cost for vulnerable people, this project contributes to the promotion of housing safety net. ■Other Housing Welfare Projects To improve the quality of life of people renting houses, LH promotes housing welfare maintenance project and repairs for houses rented by elderly people. We also provide other welfare services such as self-maintenance of housings of vulnerable people, support for residents in deteriorated cell-type housing & makeshift houses, emergency housing support and so forth. 2013.11.22 8:39:54 PM Urban Restoration Project -Revitalize the city LH strengthens its role as a public enterprise through Urban Restoration Project, and by invigorating cities and promoting balanced development. 1119_1 E LH공사.indd 9 2013.11.22 8:39:56 PM Urban Restoration Project Urban Restoration Project is a city revitalizing project. By repairing aged housings in old city neighborhoods and developing more infrastructures, LH improves urban environment and revives underdeveloped cities. LH focuses on the comprehensive restoration of cities and improvement of urban competitiveness, not only considering physical restoration, but also overall factors such as economic, social, cultural, and environmental ones. We also work to promote the citizens’ involvement. 1119_1 E LH공사.indd 10 Urban Restoration Project consists of housing environment improvement projects, housing redevelopment projects, housing rebuilding projects, urban environment planning projects and so forth. LH’s projects are intended to develop areas with poor housing conditions. 2013.11.22 8:39:56 PM URBAN ENVIRONMENT BUSINESS LH promotes pleasant urban environment LH promotes public welfare through systemic and planned development of new towns, land and urban areas. We are devoted to resolve the lack of land at city centers, promote pleasant urban environment and supply large-scale housing sites to stabilize housing supply in the market. 1119_1 E LH공사.indd 11 2013.11.22 8:39:57 PM 1119_1 E LH공사.indd 12 2013.11.22 8:39:58 PM 1119_1 E LH공사.indd 13 2013.11.22 8:40:0 PM New Elegant Self-Sufficient City -New Town Project New Town Project is a nationwide land development project to promote self-sufficiency, pleasantness, convenience and safety of cities. New Town Project To address lack of housing supply and to stabilize the housing market, our New Town project creates largescale housing sites around metropolitan areas. Planning is the key point of our New Town project, and LH is putting efforts to prevent sprawling disorganized development. It aims to bring efficient development of land and resolve overpopulation in metropolitan areas. The first and second generations of new towns built by LH are equipped with public transportation with great accessibility, pleasant living conditions and self-sufficiency. These cities contribute to relieve overpopulation problem and enhance housing stability. Currently new town development is ongoing on 11 districts. Current Status of New Town Development in Seoul Metropolitan Area This project is implemented as a solution to housing problems in the metropolitan area. ■The First Generation New Towns (5 districts, 292 thousand housings) Seongnam Bundang, Goyang Ilsan, Anyang Pyeongchon, Bucheon Jungdong, Gunpo Sanbon ■The Second Generation New Towns (11 districts, 615 thousand housings) Hwaseong Dongtan, Hwaseong Dongtan 2, Seongnam Pangyo, Wirye, Gimpo Hangang, Paju Unjeong (Unjeong, Unjeong 3), Yangju (Okjeong, Hwoicheon), Godeok, Incheon Geomdan, Asan (Baebang, Tangjeong), Daejeon Doan Urban Environment Business | 31 1119_1 E LH공사.indd 14 2013.11.22 8:40:1 PM Planned and Systematic Land & Urban Development Projects LH resolves the lack of housing sites and provides housing for people with land development project. Through urban development project, we create pleasant urban environment equipped with comprehensive functions. Land Development Project Urban Development Project To resolve urgent lack of housings in urban area, we supply housings and land to people to stabilize the price of land and housing. Through the development of purchased land, LH is able to complete large-scale land development within a short time period. LH boosts its competitiveness through districtbasis business value improvement and cost reduction; thus the project can be optimized to react to changes in demand and business conditions. LH imposes planned urban development where it is needed to build pleasant urban environment and enhance public welfare. LH builds up urban areas which provide housing, commercial and industrial units, distribution, IT, ecological units, culture, public health, welfare, etc. 32 | LH Business 1119_1 E LH공사.indd 15 2013.11.22 8:40:3 PM 1119_1 E LH공사.indd 16 2013.11.22 8:40:3 PM PUBLIC HOUSING BUSINESS We build happiness for you LH has been constructing housings for sale and rental housings to help non-house owners to have their own houses. With the aim of supporting the disadvantaged class and people dreaming of owning their own houses, we provide various types of housings on demand. 1119_2 E LH공사.indd 1 2013.11.22 8:41:50 PM 1119_2 E LH공사.indd 2 2013.11.22 8:41:51 PM Housing Construction Projects–Promote housing stability and help non-homeowners to have their own houses LH builds housings for sale to promote housing stability and help non-homeowners afford their own houses. Also we build various types of rental housings to meet the needs of ordinary people. Stabilizing Housing Market and Expanding Rental Housing Units Since KHNC’s foundation in 1962 up the end of 2012, LH has been contributing to the stabilization of the housing market and housing stability by supplying 2.43 million housings (1.18 million housings for sale, 1.25 million rental housings). This is almost 13.4% of all housings (18.13 million housings) in Korea. For households with sufficient income to buy a house, LH helps them to have their own houses by supplying affordable houses for sale. Public Lot-solid Housings For households with insufficient income to buy a house, we provide various types of public rental housings based on their income. LH owns a total of 702,000 housings, which is 47% of all rental housings in Korea-1,487 thousands. LH will constantly increase the rental housing proportion up to that of advanced countries and contribute to the housing stability in the country. LH promotes non-homeowners to have their own by supplying small & medium-sized housings. Public Rental Housings Based on source of financing, rental term, qualifications of applicants, (income, the number of family members), size of housing, etc, we provide various types of rental housings to non-homeowners such as permanent rental, national rental, public rental, long-term deposit-based rental, rental in installment, etc. 36 | LH Business 1119_2 E LH공사.indd 3 2013.11.22 8:41:58 PM 1119_2 E LH공사.indd 4 2013.11.22 8:42:0 PM LH’s residential complex and housing construction technology: the product of leading technology and know-how integration LH takes the lead in construction technology innovation with technology for human, nature, culture and future. Pioneer of Construction Technology LH has played a leading role in land development and housing construction technology. To respond to the social-economical changes such as demographic and household changes, LH strives to implement advanced construction technology and set new standards; we provide various housing models such as environmental-friendly city, U-city and others. LH is committed to prevent waste of budget through optimized planning and enhanced quality of housings and city development. We also put an effort on R&D to develop global standard technology. Construction Management Technical Support LH comprehensively manages every process of construction under a thorough management system and strict standards from the beginning of the construction, quality and process control, safety, environment, materials, outsourcing, construction information management, inspection, audit and completion. We provide customer support on construction cost estimate and evaluation. LH evaluates construction competitions and construction bids. Furthermore, to maximize the essential functions of facilities under optimized life cycle cost, we provide VE design and planning in order to assure feasibility and economic efficiency of design and planning. 38 | LH Business 1119_2 E LH공사.indd 5 2013.11.22 8:42:2 PM 1119_2 E LH공사.indd 6 2013.11.22 8:42:3 PM NATIONAL POLICY PROJECT Working with you, LH builds up a highly competitive Korea Through nationwide policy projects, LH takes the lead in promoting balanced development and national competitiveness. LH improves the national image of Korea through Inno-cities projects for coexistent development between Metro areas and local areas, Land bank for balancing the demand and supply of land, and overseas projects for exporting development know-how and helping private corporation to enter the foreign market. 1119_3 E LH공사.indd 1 2013.11.22 8:47:33 PM 1119_3 E LH공사.indd 2 2013.11.22 8:47:34 PM The stronghold of balanced land development and local economic development-Sejong-city and Inno-cities project To strengthen balanced nationwide development and national competitiveness, LH presents top-class cities by developing Sejong-city and Inno-cities based on local specialties. Sejong-city Development Project Sejong-city, a multi-functional administration center, will be a pivotal force of national balanced development and enhanced national competitiveness. The Government ministries and agencies will be established, alongside other important facilities for cultural & international exchange, urban administration, university & research, medical & welfare, cutting-edge 42 | LH Business 1119_3 E LH공사.indd 3 2013.11.22 8:47:36 PM Inno-cities Project technology nurturing, etc. Sejong-city is the world’s first city built by a radial and ring road system. Aiming to be a city of class and elegance, Sejong-city is built with high-level advanced educational environment and cultural infrastructure, greenery space, etc. Furthermore, Sejong-city will be a model city for leading in advanced information. Inno-cities will be instrumental to local economies thanks to its local specialtybased development. It is expected to reduce the gap between local cities and promote coexistent development between metro areas and locals. LH is participating in 9 Inno-cities projects out of 10 ongoing projects, including Gyeongbuk Inno-cities. ■LH Participated Inno-cities Daegu, Gwangju, Jeonnam, Ulsan, Gangwon, Chungbuk, Jeonbuk, Geyongbuk, Geyongnam, Jeju National Policy Project | 43 1119_3 E LH공사.indd 4 2013.11.22 8:47:37 PM Economy-based project enhances national competitiveness and creates jobs LH contributes to the economic development of Korea by expanding the country’s industrial base, promoting national competitiveness through foreign investments, and creating jobs through economy-based projects. Industrial Complex Logistics Complex LH develops state and general local complexes, creating jobs and serving as a driving force for economic development and balanced growth of Korea. LH supports government’s policies, and takes part in site selection, acquisition, development and supplies land for local and state industrial complexes. Currently we are undertaking 13 projects. To promote the logistics industry, we help to arrange and manage facilities efficiently, and supply land. LH takes part in site selection, development planning, process planning, land acquisition and supply. We have completed 6 logistics complexes since its foundation. 44 | LH Business 1119_3 E LH공사.indd 5 2013.11.22 8:47:38 PM Economic Free Zone To promote foreign investments, LH takes part in creating an Economic Free Zone which improves business friendly environment and living conditions of foreign investors, resulting in the enhancement of national competitiveness and balanced development. This project is a comprehensive development project, including housing, commerce, logistics, industrial cluster, technology innovation, finance, etc. ■Incheon Yeongjong Sky City ■Cheongna International City ■Busan Myeongji District A comprehensive business city focused on international business and tourism A new international business city as a hub of Northeast Asia’s maritime distribution Air logistics, industrial complex and tourism & leisure city National Policy Project | 45 1119_3 E LH공사.indd 6 2013.11.22 8:47:38 PM Beyond Korea, Leap to the Global LH We cooperate with other countries, sharing LH’s accumulated technology and know-how and support the global expansion of private companies. In addition, LH contributes to inter-Korean exchange and common prosperity through Gaeseong Industrial Complex Project. 46 | LH Business 1119_3 E LH공사.indd 7 2013.11.22 8:47:40 PM Overseas Project To become a pioneer in overseas markets, LH supports foreign expansion of Korean firms to expand to global urban development market. LH makes a consortium with small and medium-sized businesses which have difficulty to enter the foreign market. Furthermore, through governmental and technical support, we provide various consulting services. Inter-Korean Development Project LH also participates in ODA; and shares its experience in developing cities, housings and industrial complexes to developing countries. We support our partner countries in planning development and invite foreign public servants to Korea, passing down LH’s accumulated know-how. Combining South Korea’s capital & technology and North Korea’s manpower, LH participates in Gaeseong Industrial Complex Project for common prosperity and cooperation. As a first phase of the project, we completed 3.3 million m2 of complex. The second phase will be carried out with governmental policies. National Policy Project | 47 1119_3 E LH공사.indd 8 2013.11.22 8:47:41 PM Land Management System for Optimized Land Utilization LH leads in establishing a land information system that can promote better utilization of land. LH runs Land Bank and LH Housing Land Development Institute to carry out the efficient utilization of Korea’s land. Land Bank Land bank is a nationwide land supply control system that preemptively purchases and reserves land in preparation of massive land development or supply control. Land Bank also plays roles in various fields related to land reserve including land supply and demand research, public land reserve planning, supply, reserve feasibility research & analysis, promotion of reserved land information system, support of land reserve research, etc. 48 | LH Business 1119_3 E LH공사.indd 9 2013.11.22 8:47:42 PM Realizing Land Information System LH Housing Land Development Institute LH seeks optimized utilization of land and sets up a land and housing information system. As the leader of land and housing industry in Korea, we devote ourselves to field-based research and boosting a driving force for new growth. •Build National Spatial Data Infrastructure •Support land and housing policy making •Support new business searching and management •Provide land information based on GIS and WEB National Policy Project | 49 1119_3 E LH공사.indd 10 2013.11.22 8:47:43 PM LH Social Contribution 1119_4 E LH공사.indd 1 2013.11.22 8:48:36 PM Sharing makes the world bigger Sharing is one of the core values of LH. We strive to fulfill our social responsibility in various ways such as taking care of the underprivileged and giving a helping hand to socially disadvantaged citizens. To make a better and happier society, LH commits to social contribution in the slogan of ‘Shared Love, Happiness Filled.’ ‘Sharing’ is becoming the main corporate culture of LH. Sharing makes the world bigger; and we believe that we can build better world with you. har moni ous 1119_4 E LH공사.indd 2 2013.11.22 8:48:36 PM 52 1119_4 E LH공사.indd 3 2013.11.22 8:48:40 PM LH Social Contribution Support Study Café in Rental Housing Complex·Rental Housing Children Mentoring·Meals for Rental Housing Children·Shared Love, Happiness Filled Volunteer Activity·Repair of Flood Damage·Housing Repair for the Socially Vulnerable Class Share Love Together Bring Happiness Together Open your mind and love will grow. LH gives a helping hand to our neighbors in need and tries to make the world brighter with you. Support Study Café in Rental Housing Complex Since 2010, LH operates study cafés for children in 33 rental housing complexes. We provide children from low-income families a conducive environment for a high-quality education. Rental Housing Children Mentoring LH runs a mentoring program for children from low-income families. A university student volunteer visits these families weekly, teaches and facilitates educational activities to improve the socialization of children. Meals for Rental Housing Children During school vacations when school meals are not available, LH provides healthy food to children and also operates basic educational and cultural programs for children. Shared Love, Happiness Filled Volunteer Activity To help senior citizens living alone and other vulnerable people during holidays and winter, we deliver LH-produced Kimchi, rice, coal briquettes and other groceries. Repair of Flood Damage Scars remain long in the hearts of people after natural disasters like typhoon and flood etc. To help them, LH built its own disaster emergency recovery protocol and is participating in volunteer activities to overcome nationwide disaster. Housing Repair for the Socially Vulnerable Class In cooperation with the Ministry of Land, Infrastructures, and Transportation, LH has repaired and improved 24,500 housings of the socially vulnerable class, while also aiming to revitalize local construction business. 53 1119_4 E LH공사.indd 4 2013.11.22 8:48:41 PM Bringing Hope Together To a Bright Future Together Sometimes even a small interest on others could give people great hope. LH reaches out to neglected people, and tries to build a world for everyone’s happiness. Joint Wedding Ceremony For married couples who haven’t had a proper wedding ceremony due to financial circumstances, LH has held annual mass wedding ceremonies since 2004. Ecological Apartment To improve living conditions of old rental housings and detached house areas, LH is carrying out an ecological apartment development process. Environmental-friendly Playground Remodeling For our children, LH is remodeling old playgrounds into an environmentalfriendly and safe place children can enjoy. Children’s Day Festival On every Children’s day, LH invites children from LH supported families and young heads of households at festival at LH headquarters. Support Establishment of LH Town-based Social Corporation We support people in LH rental housing town in creating a town-based social corporation to change the town in positive ways and create jobs. Job Sharing For retired senior citizens who are still willing to work, LH is the very first public enterprise who has employed elderly people since 2010. BF Certificate Center LH is providing barrier-free facilities easily accessible for people with disabilities, senior citizens, pregnant women and other vulnerable people. 54 1119_4 E LH공사.indd 5 2013.11.22 8:48:44 PM 2013.11.22 8:48:47 PM 1119_4 E LH공사.indd 6 LH Social Contribution Joint Wedding Ceremony·Ecological Apartment·Environmental-friendly Playground Remodeling·Children’s Day Festival·Support Establishment of LH Town-based Social Corporation·Job Sharing·BF Certificate Center 55 56 1119_4 E LH공사.indd 7 2013.11.22 8:48:54 PM LH Social Contribution Land & Housing Museum·Land & Housing Museum Community College·University Students’ Advertisement Contest·Sports Team·University Students’ Architecture Contest·Land & Housing University·Young Writers’ Literature Award Enjoying Culture Together Sharing Sympathy Together Art and culture brings the gift of a better tomorrow. LH provides people opportunities to enjoy a diverse cultural life. Land & Housing Museum In 2009, Land Museum and Housing and City Museum were integrated and transformed into a Land & Housing Museum. Exhibits follow the theme of ‘The history of Korean architecture, engineering and construction.’ The Museum reserves and researches the heritage relating to land and architecture. It also takes part in running educational programs and archaeological excavations. Land & Housing Museum Community College To revitalize local culture and give people a chance to a lifelong education, LH opens a social educational program two semesters a year. The classes consist of history, culture, field study, tea ceremony, etc. University Students’ Architecture Contest To promote fresh ideas and give students a chance for creative invention, we annually hold a contest. This contest can bring about ideas for a residential and common space where people live in harmony. Land & Housing University The in-home University fosters talented people with field-oriented education so they can successfully contribute to accomplishing LH’s mission. Young Writers’ Literature Award To promote an interest in literature, especially in Korean literature, and to teach the youth about the importance of land resources and housing, LH organizes a literary award annually. University Students’ Advertisement Contest To give a better understanding of LH’s main projects and role, LH hosts advertisement contest annually. Through the brilliant ideas of the students, LH is able to improve its image. Sports Team LH established and is supporting amateur modern pentathlon, archery, and wrestling teams. LH sports teams have added to the national prestige and LH’s image through various international contests including Olympics and Asiad, etc. 57 1119_4 E LH공사.indd 8 2013.11.22 8:48:56 PM LH Organization LH, with its dynamic organization structure, is a model public enterprise for being able to work in harmony with the people. President Board of Directors Board of Audit Secretary Office Public Relations Office Standing Auditor Audit Office Vice President Research Support Office Land & Housing Institute Land & Housing University Planning & Finance Division •P lanning & Coordination Office •Administration Management Office •General Project Planning Office •Finance Strategy Office •Finance Management Office Housing Welfare Division Urban Environment Division •H ousing Welfare Office •Housing Welfare Office •H appy Housing Office I •Happy Housing Office I •H appy Housing Office II •Happy Housing Office II •Urban Regeneration •U rban Regeneration Project Office •Rental Housing Provision & Management Office •R ental Asset Management Office Project Office •R ental Housing Provision & Management Office •R ental Asset Management Office Public Housing Division •Urban Planning Office •Marketing & Compensation Office •Land Development Office I •Land Development Office II •New-town Project Office I •New-town Project Office II •Urban Design Office •L andscape Design Office •Urban Facilities Office National Project Division •Industry Complex Office •Free Economic Zone Project Office •Sejong-city & Inno-cities Office •Inter-Korean Development Cooperation Office •Overseas Project Office •Land Bank Planning Office •Financial Project Office •Spatial Information Office Administration Support Division •General Affairs & Customer Satisfaction Office •P ersonnel Management Office •L abor Relations Office •L aws & Suits Office •P rocurement & Contracts Office •Administration Information Office Technology Support Division •C omplex Technology Standard Office •H ousing Technology Standard Office •T echnology Screening & Evaluation Office •C onstruction Management Office 58 1119_4 E LH공사.indd 9 2013.11.22 8:48:56 PM LH Network LH is doing its best to provide people the services they need. Headquarters : 172 Dolma-ro(217 Jeongja-dong), Bundang-gu, Seongnam-si, Gyeonggi-do, Korea Homepage : www.lh.or.kr Twitter : https://mobile.twitter.com/snslh Blog : http://blog.naver.com/bloglh Seoul Regional Division 12, 121-gil, Seonreung-ro, Kangnam-gu, Seoul Gangwon Regional Division 337 Gongji-ro, Chuncheon-si, Gangwon-do United States Army Garrison Division 9 Jangmun-ro, Yongsan-gu, Seoul Chungbuk Regional Division 2060 Cheongnam-ro, Heungdeok-gu, Cheongju-si, Chungcheongbuk-do Incheon Regional Division 23, 46 Beon-gil, Nonhyeon-ro, Namdong-gu, Incheon Cheongna·Yeongjong Regional Division 13, 715 Beon-gil, Jungbongdaero, Seo-gu, Incheon Gangwon-do Incheon Gyeonggi Regional Division 178 Gwongwang-ro, Paldal-gu, Suwon-si, Gyeonggi-do Seoul Gyeonggi-do Chungcheongbuk-do Wirye Regional Division 223 Bokjeong-dong, Sujeong-gu, Seongnam-si, Gyeonggi-do Dongtan Regional Division 158 Nojak-ro, Hwaseong-si, Gyeonggi-do Hanam Regional Division 286 Pungsan-dong, Hanam-si, Gyeonggi-do Sejong-city Daejeon Daejeon Regional Division 108 Dunsanjung-ro, Seo-gu, Daejeon Goyang Regional Division 45 Jichukchogyo-gil, Goyang-si, Gyeonggi-do Paju Regional Division 470 Waseoksunhwan-ro, Paju-si, Gyeonggi-do Jeollabuk-do Daegu Daegu Regional Division 272 Sanghwa-ro, Dalseo-gu, Daegu Gwangmyeong Siheug Regional Division 136-1 Iljik-dong, Gwangmyeong-si, Gyeonggi-do Pyeongtaek Regional Division 1148 Cheongwon-ro, Pyeongtaek-si, Gyeonggi-do Yangju Regional Division 1660 Hwahap-ro, Yangju-si, Gyeonggi-do Gwangju Busan Gyeongsangnam-do Busan Regional Division 224 Jungangdaero, Dong-gu, Busan Sejong-city Special Regional Division 160 Yongpo-ro, Sejong Special Autonomous City Gyeongnam Regional Division 215 Jungangdaero, Yichang-gu, Changwon-si, Gyeongsangnam-do Gwangju Jeonnam Regional Division 91 Sicheong-ro, Seo-gu, Gwangju Jeju Regional Division 100 Jeongnong-ro, Jeju-si, Jeju-do Jeju Jeonbuk Regional Division 158 Hongsan-ro, Wansan-gu, Jeonju-si, Jeollabuk-do 59 1119_4 E LH공사.indd 10 2013.11.22 8:48:56 PM Above all: 1119_4 E LH공사.indd 11 2013.11.22 8:48:56 PM Above all: Bright future LH opens the doors to a citizencentered bright future. For the last 50 years, LH’s history was the history of Korean land development. LH has spread hope on Korea. Now LH enters the world stage. Witness LH’s leap to become a global leader through innovation and change. Above all: The most precious you 172 Dolma-Ro(217 Jeongja-Dong), Bundang-Gu, Seongnam-Si, Gyeonggi-Do(463-755), Korea t. +82-31-738-7114 http://www.lh.or.kr Copyright 2013.11 KOREA LAND & HOUSING CORPORATION Designed by SNA COMMUNICATIONS t. +82-2-335-0615