Land, Infrastructure and Transport Minister Kim Yoon-deok held an emergency meeting with the industr..

detail * It has been translated using AI 사진 확대 Land, Infrastructure and Transport Minister Kim Yoon-deok held an emergency meeting with the industry to examine the impact of the construction industry on the prolonged lease on land in the Middle East, the Ministry of Land, Infrastructure and Transport said on the 5th. Minister Kim met with eight associations, including the Korea Construction Association and the Korea Professional Construction Association, at the conference room at Yongsan Station in Seoul to discuss the supply and demand of construction materials and industry difficulties. Concerns are growing over the possibility of disruptions in the supply and demand of major construction materials such as ready-mixed concrete and asphalt as raw material market instability has recently increased due to the situation in the Middle East. The Ministry of Land, Infrastructure and Transport has previously operated a "Construction Site Emergency Economic Task Force" to check the supply and demand of construction materials and price trends, analyze the impact on the overall construction industry, and come up with countermeasures. In addition, it is also consulting with related ministries, such as requesting emergency financial support from financial authorities through a situation inspection meeting related to real estate project financing. The Ministry of Land, Infrastructure and Transport plans to quickly review the matters raised at the emergency meeting and reflect them in ...