The government will introduce a corporate rental system for housing targeting the middle class as early as 2017. Private builders and investors will construct the houses which people will be able to lease for a monthly rent for as long as eight years. The government will also recognize accidents which occur during commute as an industrial accident and promote measures to allow workers such as housekeepers to subscribe to the four major insurance benefits. The government plans to discuss the measures for non-regular workers--which will extend the contract period for temporary workers over the age of 35 from the current two to four years and increase the number of jobs where workers over the age of 55 can be dispatched--at the Korea Tripartite Commission by this March and present a policy within the year.

Six ministries including the Ministry of Strategy and Finance reported to President Park Geun-hye on their major tasks for this year at the Administrative Support Center in Sejong City on January 13.

The "corporate leasing" will be introduced to lighten the housing burden on the middle class by having construction companies and investors build and lease houses with quality equivalent to commercial housing for up to eight years.

The company must lease at least 300 units if the company decides to construct the houses or 100 units if they purchase the homes. They must lease the houses for more than eight years and can use a separate brand called, "New Stay." Apartment compounds with the word "stay" after their original brand, to signify that it is an eight-year rental, is expected to appear, such as "Prugio Stay 8" and "Zi Stay 8." The rent is expected to be in the monthly range of 400,000-800,000 won with deposits of 30 million to 100 million won.

The corporate rental providers can purchase land owned by the Korea Land and Housing Corporation (LH) and by the government, and land in the Greenbelt area at a cheap price and will have various taxes cut, such as the transfer tax, acquisition tax, and corporate tax. In particular, the government will allow the companies to directly select their tenants and provide moving services, inducing the businesses to take part in real estate projects.

In the labor sector, the government plans to provide employment insurance which can meet the unique situation of artists, and will lower the threshold for the self-employed to subscribe to employment insurance. The government will also work to recognize accidents suffered during commute as industrial accidents. It will also provide a standard for various occupational diseases for "emotionally exploited workers" such as those who work at call centers and retailers. The government will also encourage people to directly hire housekeepers and to have them receive the four major insurance benefits. To promote investment, the government will increase the supply of 5,000 hotel rooms in the Seoul metropolitan area, Jeju and Busan by 2017 and newly open four duty free shops in downtown. The government will also build six more urban high-tech industrial compounds, a 3 trillion won project. It will revise the farming license system after fifty years and allow large companies to invest their capital in raising tuna and salmon.

When receiving reports from the government ministries, President Park said, "The public sector must first reform to lead reforms in other sectors. I hope all ministries, with the Ministry of Strategy and Planning at the center, will work to strongly promote the second stage of returning public agencies to normalcy and to prevent a yo-yo effect, where the reforms may retreat."