Incheon strengthens local-company incentives in urban and housing renewal projects

Incheon City said on the 10th that it will implement support measures to strengthen incentives for local companies in urban and housing environment renewal projects as part of efforts to revitalize the local construction industry. The measure is aimed at broadening the basis for participation by local construction firms during renewal projects and supporting the construction sector within the region. The original summary did not provide detailed incentive criteria or numerical targets, but the policy centers on urban and housing environment renewal projects and expanded participation by local companies. Incheon expects the measure to help stimulate the local construction industry. Source: yna.co.kr