[Bills in Focus] Bills to boost construction investment, AI business
Proposed Bill: Partial Amendment to the Restitution of Development Gains Act Proposed by Rep. Suh Bum-soo (People Power Party) ● In 2023, construction permits were issued for a total area of land 25.6 percent smaller than last year, while the area of land under construction also decreased by 31.7 percent. Considering the significant impact that construction investment and the real estate market have on local economies and the job market, development charges must be alleviated to improve economic
May 13, 2024