• Minister of Land, Infrastructure and Transport
    Park Sang-woo

    Former Bureaucrat with Key Positions at the Ministry of Land: Focused on Real Estate Market Stabilization Through Supply Expansion

    Last Updated on Aug 28, 2024

      Copy Url : https://www.koreawho.com/profile/ParkSangwoo

Life Summary
Park Sang-woo is the Minister of Land, Infrastructure and Transport.

He is focused on easing regulations on reconstruction and redevelopment and stabilizing the real estate market in line with the Yoon Suk-yeol administration's policy to revitalize housing supply.

He is also prioritizing the smooth landing of real estate project financing (PF) issues, expanding overseas ventures for South Korean construction companies, and ensuring the proper implementation of the new airport project at Gadeokdo.

He was born on May 2, 1961 (lunar calendar) in Busan.

He graduated from Dongnae High School in Busan and earned a bachelor’s degree in public administration from Korea University. He also received a master’s degree in urban and regional planning from George Washington University in the United States and a Ph.D. in urban planning from Gachon University.

He began his public service career as part of the 27th class of the Higher Civil Service Examination and held various positions in the Ministry of Land, Infrastructure and Transport, including Director of Construction Policy, Director General of Land Policy, Director General of Housing and Land, and Director General of Planning and Coordination.

After serving as a visiting professor in the Department of Urban Engineering at Chungbuk National University and as the President of the Korea Research Institute for Construction Policy, he was appointed as the President of Korea Land and Housing Corporation (LH).

After stepping down as the President of LH, he worked as the CEO of the private research firm Sin Nambang Economic Research Institute and as an adjunct professor in the Urban Regeneration Cooperative Program at Korea University before being nominated as the Minister of Land, Infrastructure and Transport, succeeding former Minister Won Hee-ryong.

He is an expert in urban and housing policy, having worked extensively in the Ministry of Land, Infrastructure and Transport and holding a Ph.D. in urban engineering.

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