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Korea Land And Housing Corporation
Korea Land & Housing Corporation (LH) is a government-owned corporation which is responsible for the development of land in cities, and the maintenance and management of land and housing. Foundation Basis LH was built by law to form the Korea Land Development Corporation, and the Korea Housing Corporation. The two companies were merged in 2009 by the government to form the current LH. Foundation Reason Under the government's plan to advance the public corporations, it aims to eliminate overlapping functions, such as the establishment of housing development projects carried out by the Korea Housing Corporation and Korea Land Corporation, and to contribute to the development of the national economy by providing new funds. History Korea Land Corporation * Founded on April 1, 1975, Korea Land Corporation's predecessor, the Land Safety Fund. * March 27, 1979, Korea Land Development Corporation. * December 31, 1980 A housing development project started under the Act on Prom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jinju-si
Jinju () is a city in South Gyeongsang Province, South Korea. It was the location of the first (1592) and second (1593) Sieges of Jinju by Japanese forces during the Imjin War. The Republic of Korea Air Force Education and Training Command is located in the eastern part of the city. There are cultural-historical tourist attractions in Jinju such as , the Jinju National Museum, and the Nam-gang Prehistoric Site Museum. History From old times, Jinju was a fountainhead of national culture and spirit. As a city that has held 1,000-year-old historical heritage of the ancient city, Jinju has been well renowned as a home of patriotic spirit, education, culture and art. Jinju was an ancient city of Goryeonggaya in the Gaya Era. This city was called 'Geoyeolseong' of Baekje during the Three Kingdom Era, and was called 'Geoyeolju', 'Cheongju', and 'Gangju' during the Unified Silla Era. Name of this city was changed into 'Jinju' for the first time in 940, the 23rd year of King Taejo of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gyeongsangnam-do
South Gyeongsang Province ( ko, 경상남도, translit=Gyeongsangnam-do, ) is a province in the southeast of South Korea. The provincial capital is at Changwon. It is adjacent to the major metropolitan center and port of Busan. The UNESCO World Heritage Site Haeinsa, a Buddhist temple that houses the ''Tripitaka Koreana'' and tourist attraction, is located in this province. Automobile and petrochemical factories are largely concentrated along the southern part of the province, extending from Ulsan through Busan, Changwon, and Jinju. Etymology The name derives ; . The name derives from the names of the principal cities of Gyeongju () and Sangju (). History Before 1895, the area corresponding to modern-day South Gyeongsang Province was part of Gyeongsang Province, one of the Eight Provinces of Korea during the Joseon dynastic kingdom. In 1895, southern Gyeongsang was replaced by the districts of Jinju in the west and Dongnae (modern-day Busan) in the east. In 1896, they were me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of South Korea
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
