<Anchor>



In May, the Ministry of Land, Infrastructure and Transport announced a plan to lift restrictions on the land designated as factory land in order to build more houses.

However, when our reporters found out, they confirmed that the wife and family of the Vice Minister of Land, who announced this plan, are sharing the land for factories in Seoul.



First, I’m reporter Im Sang-beom.



<Reporter> The



commander of real estate policy stood in front of Mike, saying he would catch up with soaring apartment prices and supply.



[Seonho Park/ 1st Vice Minister of the Ministry of Land, Infrastructure and Transport (Last May 6): We will introduce a circular maintenance method in which the public participates in the'semi-industrial area'.

Increase business feasibility by reducing the mandatory ratio of industrial facilities and supporting loans...

.] In the



semi-industrial area, that is, on the site for factories, we will loosen regulations and support public loans to build residential complexes or officetels.



Among the new buildings in Deungchon-dong, Gangseo-gu, Seoul's representative semi-industrial area, the owners of the 1,681 sq m, 510 pyeong land and the shabby factory buildings are the family of Deputy Minister Park.



In December 2017, my brother, my sister, and the wife of Vice Minister Park were divided into thirds and received a gift from my father.



The gift to the daughter-in-law is unusual.



When reporting the property of public officials, Vice Minister Park revealed that the land, an apartment in Gangnam, and the land that will be accommodated in the new city of Gwacheon were all 3.9 billion won, and the market price of only the property in Deungchon-dong exceeded 20 billion won.



[Real estate broker: This semi-industrial area ranges from 4,000 to 4500, 50 million won per pyeong.

The floor area ratio is higher.

You can go upstairs...

.] If



it is developed as Vice Minister Park announced, it is only a matter of time before the property value jumps several times or more here.



[Jeong-Hun Jo/Emotional Appraiser: If you raise the floor to an officetel like that, you will incur a lot of development profits, so of course the value has to increase.

It is



pointed out that it was inappropriate as a public official.



[Sim Gyo-Eon/Professor of Konkuk University's Real Estate Department: If the countermeasures are highly likely to yield significant profits, then it is desirable to leave the decision-making process.]



Deputy Minister Park is banned from joining public servants due to rental profits while talking to SBS

.

He explained that he had been given a gift to his wife in order to avoid them, and that he followed the tax and reporting regulations.



He said that the plan for development of semi-industrial areas was a proposal from the Seoul Metropolitan Government, and that he could not agree with the point that it is a conflict of interest because it is still in the stage of a pilot project competition.



(Video coverage: Park Hyun-cheol, Video editing: Park Jeong-sam)