Haeundae

News

AI-translated Press Releases

Busan Metropolitan City Launches Mandatory Training for Association Executives as First Step Toward Transparent Redevelopment Projects

Apr 28, 2026 17  Views
◈ To be conducted quarterly starting today (28th)… Aiming to prevent internal disputes and accelerate project progress by strengthening expertise

◈ Failure to complete training may result in fines of up to KRW 2.5 million; a faculty of legal and accounting professionals has been established

◈ The city plans to enhance transparency in redevelopment projects and foster a sound redevelopment culture that protects the valuable property rights and interests of association members
내용

Busan Metropolitan City announced that it will begin conducting quarterly “Association Operation and Ethics Training for Association Executives” starting today (28th) to strengthen transparency in redevelopment projects and enhance the professionalism of association executives.


This training is a mandatory program under the “Act on the Improvement of Urban Areas and Residential Environments” and has been introduced to proactively address chronic issues in redevelopment sites, such as lack of expertise and frequent disputes.


The training is based on Article 115, Paragraph 2 of the Act, which came into effect on November 21, 2025. Accordingly, individuals appointed (including reappointments) or selected after the enforcement date—including heads and auditors of promotion committees for association establishment, association executives (president, auditors, directors), and professional association managers—are required to complete the training.


As this is a mandatory program, failure to complete the training may result in administrative fines ranging from KRW 1 million to KRW 2.5 million depending on the duration of delay, requiring particular attention and participation from the relevant executives.


Through this training, the city aims to prevent internal disputes within associations and support the prompt and stable implementation of redevelopment projects.


The program is expected to help prevent disputes and irregularities that have arisen from insufficient expertise and ethical awareness, while accelerating project execution. By ensuring that executives with a solid understanding of laws and systems and a high level of integrity lead projects, it is anticipated that conflicts among residents will be resolved and trust will be strengthened.


In addition, based on training satisfaction levels, the city plans to continuously enhance lecture materials and strengthen its pool of expert instructors, while operating a customized training system tailored to the conditions of each association to support the stable establishment of redevelopment projects.


Detailed information, including completion requirements and training content, can be obtained by contacting the relevant local government office.


Further details on training schedules and future plans are available on the Busan Metropolitan City Redevelopment Project Integrated Website (https://dynamice.busan.go.kr). Eligible association executives are advised to check their appointment dates and training deadlines to avoid any disadvantages.


Bae Seong-taek, Director General of the Housing and Architecture Bureau, stated, “Association executives bear significant responsibility as they manage project funds worth hundreds of billions of won, making high standards of ethics and professionalism essential. Through the establishment of this legally mandated training, we will significantly enhance transparency in redevelopment projects and create a sound redevelopment culture that protects the valuable property rights and interests of association members.”

This content has been translated by AI. Please refer to the attached original Korean version for accuracy if needed.