South Korea Designates Land Transaction Permit Area Near Gwangju Semiconductor Cluster
The South Korean Ministry of Land, Infrastructure and Transport (MOLIT) has officially designated areas surrounding the Gwangju Military Airport as a 토지거래허가구역 (land transaction permit zone) to prevent speculative real estate activity. This regulatory measure, which took effect recently, covers land near the planned semiconductor industrial complex, ensuring that land trades in the region are … Read more