Construction of New Cities Overseas
LH is building industrial parks and new cities in various countries around the world to boost Korea¡¯s international competitiveness.
- LH exports its globally-recognized expertise on land development, thereby successfully fostering resource diplomacy while executing international cooperation projects.
South-North Economic Cooperation Projects
LH is driving forward a range of South-North Korea economic cooperation initiatives to ensure peace and economic prosperty of the Korean peninsula.
- The Kaesong Industrial Complex project is being conducted based on the combination of South¡¯s capital and technology prowess and North Korea¡¯s land and manpower reserves, making it the first and largest instance of economic cooperation for both Koreas.
It represents a new direction for the South-North community.
The joint initiative provides South Korea¡¯s small- and medium-sized enterprises with the benefits of North Korea¡¯s low-priced land, facilities and low-wage workforce to support their competitive business activities, while improving living conditions for North Korea¡¯s citizens.