The government held a meeting with the construction sector on February 6 and talked about ways to facilitate a recovery in the construction industry. Chairman Kim Joo-hyun of the Financial Services Commission attended the meeting and outlined FSC's market stabilization efforts including the KRW85 trillion-plus market stabilization programs. In particular, regarding the issue of delayed wage payments for the suppliers and subcontractors of Taeyoung Engineering & Construction, Chairman Kim said that the issue of overdue payments has been resolved and that the authorities will continue to closely work together in finding solutions for its partners and the pre-construction unit subscribers. Taeyoung E&C is expected to come up with a business improvement plan until April 10, and the government plans to draw up best practice examples on the soft-landing of real estate project finance market.