Korea Land & Housing Corporation (LH)
Purpose of establishment
LH was established to improve quality of life and develop the national economy by creating stable housing for the country’s citizens and efficiently utilizing national land.
LH has a legal capital of 35 trillion won, a paid-in capital of 29.4 trillion won (from the government, Korea Development Bank etc.) with which to stabilize people’s residential welfare and help with national economic development.
Organization and Workforce
LH’s organization consists of a main HQ with eight divisions, one research institute, and 45 departments along with 12 regional HQs and two independent project divisions. Its 6,495 staff members, specializing in land and housing, are striving to systematically implement national land and housing policies.