Vice Chairman visits housing construction site in show of strong support for propelling housing supplySep 17, 2026

Vice Chairman Kwon Dae-young of the Financial Services Commission visited a previously suspended housing construction site that had been turned back on course aided by the funding assistance provided by the Korea Asset Management Corporation (KAMCO) on September 17. During his visit, Vice Chairman Kwon said that authorities are seeking various ways to propel the supply of housing. In this regard, Vice Chairman Kwon added that the newly established KAMCO fund in the amount of KRW3 trillion will help to provide stability in the real estate development and housing construction sector.