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President Lee Visits Public Redevelopment Site: "Incentives Including Floor Area Ratio for Early Progress"

(Seoul = Yonhap News) Reporter Im Hyeong-seop = President Lee Jae-myung visited the site of the ongoing public redevelopment project in the Jangwi-dong area of Seongbuk-gu, Seoul on the 4th to inspect the project's progress...

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President Lee Jae-myung visited the public redevelopment site directly on the 4th and said, “Please pay attention to administrative procedures so that the project can advance early. If it is carried out early, we would like to strengthen various incentives, whether it is volume ratio or financial support.” On the same day, President Lee visited and toured the public redevelopment project site in Jangyu District 9, Seongbuk-gu, Seoul, and made co…

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(Seoul = Yonhap News) Reporter Im Hyeong-seop = President Lee Jae-myung visited the site of the ongoing public redevelopment project in the Jangwi-dong area of Seongbuk-gu, Seoul on the 4th to inspect the project's progress...

·Seoul, Korea (the Republic of)
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On the 4th, President Lee Jae-myung stated, “The public redevelopment method certainly seems to have various benefits,” and emphasized the need to swiftly process the bills currently pending in the National Assembly regarding this matter. Visiting a public redevelopment site in Jangwi-dong, Seongbuk-gu, Seoul, and holding an on-site meeting, President Lee remarked, “The effectiveness of the public redevelopment method lies in the fact that conce…

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asiae.co.kr broke the news on Wednesday, November 4, 2026.
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