Korea Real Estate Board (REB) declared management tasks designed to build safe worksites and promote REB executives and staffers’ safety and health on Feb. 14.
REB held an event to announce management tasks on safety and health and the direction of their activities. The board set a vision of “building safe worksites through sympathy and care.”
The takeaways of the management tasks on safety and health included efforts to spread the priority values of safety, operating a safety and health management regime, and exploring possible harmful and dangerous factors and revamping them.
REB has made strenuous efforts to step up safety management, as it obtained an excellent company certificate of reducing disasters, managed by the Ministry of the Interior and Safety on Feb. 7.
REB President Sohn Tae-rak said, “A public entity’s social responsibility in settling down a safe and healthy environment and spreading it is also an important moment.” With the event, he said, REB will redouble efforts to ramp up the prevention of serious and industrial disasters and ensure the safety of its executives and staffers.
The guideline on ethics of reconstruction and development union executives and handling of contracts, released by Korea Real Estate Board.
REB Publishes Ethics Guideline on Renovation Projects
Korea Real Estate Board (REB) released a guideline on the ethics of reconstruction and redevelopment, a step to make renovation projects transparent and sound last Dec. 29.
The release of the guideline is designed to address the repeated occurrence of problems related to renovation projects, and it is expected to be utilized as a guidebook on reconstruction and redevelopment project disputes, wrongdoings and project delays.
In particular, the guideline contains ethics and conduct codes of union executives, precautions on the handling of contracts, and divulging of malpractices by inspection teams.
It is expected to help each reconstruction and redevelopment union legislate conduct codes and operate them.
REB was designated as an institution designed to provide support to renovation projects in January 2018.
The board has so far proactively performed roles of the renovation project support institution, such as public consultation on redevelopment and reconstruction projects, policy support on renovation project management and support on the supply of public rental houses through renovation projects.
Please call REB’s Urban Renovation Support Department at 053-663-8741 for malpractices related to the signing of contracts by union executives.
REB President Sohn Tae-rak said, “REB will support the transparent operation and rational decision-making of reconstruction and redevelopment projects on the part of unions and contractors.”
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