Dobong-gu 'Ui~Banghak Light Rail Extension Line' Approved and Announced by the Ministry of Land, Infrastructure and Transport
Approval Completed by Ministry of Land, Infrastructure and Transport for Seoul's 2nd Urban Rail Network Plan Including Ui~Banghak Light Rail (Ui~Sinsol Extension)... Final Approval and Notification Completed 1 Year 4 Months After July 2019 Request, Boosting Ui~Banghak Light Rail Construction Prospects
[Asia Economy Reporter Park Jong-il] With the approval and announcement by the Ministry of Land, Infrastructure and Transport on the 17th of the second Seoul Metropolitan Subway Network Construction Plan, the construction of a 3.5km light rail in Banghak-dong, a subway underserved area in Dobong-gu (District Mayor Lee Dong-jin), has gained momentum.
The Ui~Banghak Station Light Rail (extension of the Ui-Sinseol Line) was a route proposed by Dobong-gu in 2005 and was reflected in the 'Seoul Metropolitan 10-Year Urban Rail Basic Plan' twice in 2008 and 2015, and was finalized and announced by the Ministry of Land, Infrastructure and Transport.
However, as it was promoted as a private investment project, the abolition of the Minimum Revenue Guarantee (MRG) system made the environment for private investment projects more difficult, and the project implementation became uncertain.
Therefore, after the inauguration of the 5th local government, it was judged that private investment projects were difficult, and rather than economic feasibility, the project was continuously persuaded to be promoted as a public investment project from the perspective of resolving transportation underserved areas and regional balanced development, and last year it was reflected as a public investment project in the second subway network construction plan.
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Lee Dong-jin, Mayor of Dobong-gu, stated, "With the approval of the Ministry of Land, Infrastructure and Transport, the conditions for promoting the Ui~Banghak extension light rail project have been established. We will closely cooperate with Seoul City and related organizations during the preliminary feasibility study and budget securing process of the Ministry of Strategy and Finance to promote balanced development by improving transportation conditions in underserved public transportation areas such as Banghak-dong."
Transportation Administration Division, Transportation Improvement Administration Team
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