Seodaemun-gu Bukahyeon 1-2 District Gyeongui Line Overpass Construction Gains Momentum

District Holds Public-Private Partnership Agreement Ceremony for Bridge Construction

[Asia Economy Reporter Jongil Park] Seodaemun-gu (Mayor Moon Seok-jin) held a business implementation agreement ceremony on the afternoon of the 6th in the mayor's office for the construction of the urban planning facility (Gyeongui Line Overpass) in the Bukahyeon 1-2 Redevelopment Promotion Zone.

The "Gyeongui Line Overpass Construction," connecting Bukahyeon 1-1 Zone (Shinchon Hillstate), scheduled for completion in August this year, and Bukahyeon 1-2 Zone (Shinchon Prugio), completed in 2015, had been a pending issue in the Bukahyeon area.

Although there had been disagreements over construction costs, scope, and implementation methods, the Bukahyeon 1-1 Housing Redevelopment Association, Bukahyeon 1-2 Housing Redevelopment Association Liquidation Committee, and Seodaemun-gu each made concessions to ensure the feasibility of the bridge construction and promote public-private coexistence.

As a result, an agreement was reached including specific implementation plans regarding the "method of overpass construction implementation and cost burden," leading to the signing of the agreement.

On this day, Moon Seok-jin, Mayor of Seodaemun-gu, Jeong Tae-song, Chairman of the Bukahyeon 1-1 Housing Redevelopment Association, and Kim Jae-hee, Representative of the Bukahyeon 1-2 Housing Redevelopment Association Liquidator, signed the agreement.

Accordingly, based on mutual cooperation among the three parties, construction is scheduled to begin in April this year and will be accelerated.

Once the Gyeongui Line Overpass construction is completed, it is expected to greatly improve the traffic environment in the Bukahyeon Redevelopment Promotion Zone, enhancing the convenience and quality of life for local residents.

Seodaemun-gu Office Urban Redevelopment Division (330-8793)

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