S. Korean gov't to buy unsold apartments, start 4.3 tril. KRW underground railway project

The government has announced a host of measures to bolster regional construction by expanding related development projects and raising the efficiency of land use.

Accordingly at an economic policy meeting earlier today acting President Choi Sang-mok shared intentions of the state-owned Korea Land and Housing Corporation to buy some three thousand unsold regional apartments.

He also announced a project worth 4-point-3 trillion Korean won to take underground railway tracks in Busan Daejeon and Ansan.