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Korea - Second National Urban Land Development and Housing Project (English)

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  • Korea - Second National Urban Land Development and Housing Project (English)
  • World Bank (WB)


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Title Korea - Second National Urban Land Development and Housing Project (English)
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Material Type Others
Publisher

World Bank (WB)

Date 1982
Language English
File Type Link
Subject Territorial Development < National Land Development

Abstract

The Second National Urban Land Development Project will advance the Bank/Government dialogue on sector policy and programs. This project will: (a) assist in rationalizing and strengthening the housing and land development institutions in the public sector (b) support the development of the NHF as a viable financial intermediary with capacity for project appraisal and supervision, and (c) support improvements in the policies and programs for delivering housing to lower income families by financing the development of land and housing by KLDC and KNHC. The project will consist of: (a) development of about 1.43 million py /1 of urban residential land by KLDC in several cities with a total number of low and middle-income plots of about 22,900, (b) construction by KNHC of about 10,100 housing units for low-income families, (c) construction of about 2,500 units by housing cooperatives through the program managed by local authorities, (d) provision of about 10,300 middle-income serviced lots, and (e) technical assistance to the Ministry of Construction Housing Bureau, KLDC, and KNHC, for future project preparation, training and studies.