Industrial Innovation Statute Article 42

Where privately owned land is required by the central competent authority or a special municipality or county (city) competent authority for the development of an industrial park, the land may be expropriated.Where government-owned land is required by the central competent authority or a special municipality or county (city) competent authority for the development of an industrial park, the authority responsible for the sale of the government-owned land in question may conduct the sale without being subject to the restrictions set forth in Article 25 of the Land Act or the laws and regulations governing the management of public property promulgated by the relevant local government.The sale price of the government-owned land sold in accordance with the preceding paragraph shall be calculated at the same compensation amount for the privately owned land that is located in the same land-value area and which is used for the same original purpose and expropriated for development of the industrial district. However, if the entire portion of land in the industrial park under development is government-owned, the value of such land shall be determined in accordance with the evaluation standard applicable to the disposition of ordinary public property.