About LH
Company History
We make progress every day to advance your tomorrow.
LH is playing a major part in making Korea’s modern history and enhancing the public’s standard of living.
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2022
- First construction of the 3rd new city started (Gyeyang, Incheon)
- LH Innovation Declaration and Pledge Ceremony
- LH ESG management declaration
- Inauguration of CEO Lee Han-jun
-
2021
- Hanam Gyosan, etc. Achieved 32,000 pre-subscriptions
- Innovation in all areas of management and business
- Inauguration of CEO Kim Hyun-jun
-
2020
- Obtained the approval from Hungyen Provincial Committee for the development of Clean Industrial Park in Vietnam
- Certified by the Ministry of the Interior and Safety as an enterprise with outstanding performance in disaster mitigation
- Certified by the Ministry of Employment and Labor as an enterprise with outstanding performance in labor-management relations
- Achieved A grade of the government management evaluation three years in a row from 2017 to 2019
-
2019
- Became the first government-owned corporation to be acknowledged for two consecutive years for its contribution to creating job opportunities
- Commenced the construction of 'ROK-Myanmar Economic Cooperation Industrial Complex'
- Signed a preliminary implementation agreement for the development of Abdullah new city in Kuwait
- Completed the development of Seongnam Pangyo new town
-
2018
- Held a ceremony to declare LH's vision on social value
- Commenced the construction of the 3rd generation new town
- Selected 'Sejong Smart City' as a national pilot city
- Opened 'Housing Environment Research and Innovation Center'
-
2017
- Managed more than one million rental housings units
- Implemented "Urban Regeneration New Deal Project
- Opened and managed "Enterprise Support Hub"
-
2016
- Began construction of Smart City
- Exported Korean-style Smart City to overseas markets Implemented the Central Multi-Family Housing Management
- Support Office as well as the Secretariat of Central Multi-Family
- Housing Management Dispute Mediation Commission
-
2015
- Implemented "New Stay" policy
- Carried out the reformed "Housing Benefit" policy
- Began construction of Pangyo 2nd Techno Valley
- Moved HQ office to Jinju Inno-City
(Province of Gyeongsangnam-do)
-
2014
- Diversified business method(REITs, Agency develop, etc.)
-
2013
- Implemented "Happy Home Project"
-
2012
- First residents of Bogeumjari Housing units moved in Opened LH Land & Housing University
- Recruited the first round of LH new employees
- Received the highest ranking (‘excellent’) in customer satisfaction four years in a row
-
2011
- First residents of Sejong-city moved in Opened Je 2 Jayuro Expressway and Gimpo-Hanganro Expressway
- Confirmed movement of HQ office to Jinju Inno-City
-
2010
First public enterprise to employ senior citizens
-
2009
- LH launched
- Marked the construction of a total of 2.18 million houses
- Led the construction of decent and affordable housing
- Founded the Land Bank
-
2008
Exported Korean-type new towns to overseas markets
-
2007
- Began construction of Sejong City and Innovation Cities
- Completed first stage of Kaesong Industrial Complex project
-
2006
- Undertook the project to construct the Pyeongtaek International Business Zone
- First public development of housing land (Pangyo, Seongnam)
- Launched the Support Center for Rental Housing
-
2005
- Multi-functional Administrative Cities and Innovation cities
-
2004
- Supplied purchased multi-unit tenament rental housing (Seoul)
- Constructed Korea’s first 10-year public rental apartments (Segyo-dong, Osan)
-
2003
Performed FEZ projects
-
2002
- Expanded regional total development projects
- Undertook development of national land informatization system project, designated as the Green Building Certification Center
-
2001
Constructed second-phase new towns in the Seoul Metropolitan Area (Pangyo, Dongtan, Gimpo, Paju, etc.)
-
2000
Participated in South-North economic cooperation projects, including the development of Kaeseong Industrial Complex
-
1998
- Approved construction of Korea’s first National Rental Housing (341 houses in Jeongja, Suwon)
- Purchased corporate land to support corporate restructuring efforts
-
1996
Changed the corporation’s name to the KLC
-
1994
Constructed Jayuro Road(Freedom Road) and Tongildongsan (Unification Hill)
-
1989
Constructed Gwacheon New Town
(13,522 houses) -
1988
Constructed Sanggye New Town
(42,874 houses) -
1986 ~ 89
Developed industrial complexes
-
1980 ~ 84
Constructed the first-phase new towns in the Seoul Metropolitan Area
(Bundang, Ilan, Pyeongchon, Jungdong, and Sanbon)
-
1979
Expanded and reorganized the KLC
-
1975
Founded the Land Bank
-
1975 ~ 78
Constructed apartments in Jamsil
(19,180 houses) -
1971 ~ 79
Constructed the Banpo apartment complex
(7,906 houses) -
1971
Constructed Korea’s, first rental apartments
(Gaebong-dong)
-
1965
Established land for mass housing construction
(132,232,000㎡ in Hwagok-dong) -
1962
Constructed Korea’s first apartment complex (Mapo)
-
July 1, 1962
Founded the KNHC