Comparing Urban Development Systems of Four Countries for Overseas Development

The expected launching countries are selected based on the state and strategy of businesses undertaking by LH, then the legal systems for urban development of those countries are investigated and analyzed to be used as basic data for advancing to oversea urban development. The results are showing as follows. First, on the basis of the advancing priority, and the level and obtaining possibility of legal system for urban developments, Bangladesh, Thailand, Dominican Republic, and Venezuela are selected to be investigated among the countries of Central and South America and Asia to where expected to be advanced. Second, most of the selected countries establish and promote the national housing policies by their own National Housing Authority. For example, First-Home Policy and National Housing Development Strategy, etc. are established in Thailand, and National Housing Authority takes charge of the housing development for low-income bracket. Third, the laws and project procedures are investigated, then compared to the similar laws of Korea. The common "Land Allocation Act" is legislate in Bangladesh and Thailand, for example, "Land Allocation Act" and "Town and City Planning Act" are enacted in Thailand. On the other hand, the laws for urban and housing developments vary from country to country those are located in Central and South America. Meanwhile, it is verified that "Act on Planning and Use of National Territory" of Korea is similar to the "Town and City Planning Act" of Thailand.