Gimpo starts compensation procedures for Geolpo District 4 urban development project

Gimpo has begun compensation procedures for its urban development project in Geolpo District 4.

The city held a compensation council meeting Thursday and started calculating compensation amounts through appraisals, in accordance with the Act on Acquisition of and Compensation for Land for Public Works Projects.

Once the amounts are finalized, the city plans to proceed with compensation negotiations with landowners in sequence.