LH provided homes to 2.9 million households, 15% of the national total of 19.56 million households, including 2.7 million newly-built public housing units and 1.03 million rental houses, (including 260,000 rental houses purchased or rented by LH for sublease.)
In order to ease urban overcrowding and stabilize land and housing prices, LH built cities whose combined size is a total of 465 square kilometers, including 172 square kilometers in new towns and 293 square kilometers of residential land and urban development.
LH has contributed to strengthening national competitiveness by leading the expansion of industrial infrastructure, including the construction of 198 square kilometers of industrial and logistics complexes (14.2% of the national total) and 44 square kilometers of free economic zones.
LH is leading the development of regional characteristics by spearheading the construction of Sejong City (73 square kilometers) as an administrative city.
LH has led the win win development of the Seoul metropolitan area and provinces by building regional economic hub cities, including the nine innovative cities (34square kilometers) in as many provinces.
Based on its accumulated know how in developing new towns, LH is exporting Korean style smart new towns to foreign countries
LH was founded to provide the people of Korea with
land and housing that meets their needs.
All of LH’s projects are for the people.
From housing welfare to national policy projects,
LH has a diversity of approaches to help people have better lives.
LH is creating a better future by broadening
Korea’s economic horizons.