Gwangju City Promotes Undergrounding of Power Lines Around Jungoe Park
Agreement Signed with KEPCO... Removal and Relocation of 10 Transmission Towers
[Asia Economy Honam Reporting Headquarters, Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 11th that it will proceed with the undergrounding project of power transmission lines around Jungoe Park.
The "Undergrounding Project of Power Transmission Lines around Jungoe Park" is a civil complaint that residents near Jungoe Park have consistently raised. It involves dismantling 10 overhead transmission towers passing through the Jungoe Park area and relocating the lines underground along a 2.3 km section of Yangil-ro.
A private park promotion developer will underground approximately 1.6 km, while Gwangju City and Korea Electric Power Corporation (KEPCO) will underground about 0.7 km.
To this end, Gwangju City and KEPCO signed a business agreement on the undergrounding of power transmission lines around Jungoe Park on the 9th.
The project will be carried out with a total budget of 22.6 billion KRW, including 13.2 billion KRW from the private park promotion developer and 4.7 billion KRW each from Gwangju City and KEPCO.
The 4.7 billion KRW borne by Gwangju City will be repaid in installments from the year of construction to five years after completion, applying KEPCO's long-term installment repayment system for undergrounding projects with local governments.
Gwangju City plans to complete the detailed design for the private implementation area and start construction in May, while KEPCO will carry out detailed design and other preparations for the section shared by Gwangju City and KEPCO, starting construction early next year and completing simultaneously by the end of next year.
Once this project is completed, the undergrounding of power transmission lines, which had impaired the urban landscape and acted as an obstacle to urban development, will be achieved, improving residents' living conditions and creating a pleasant living environment.
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Im Nam-jin, head of the city's Road Division, said, "Through the undergrounding project of power transmission lines, we will resolve the long-standing wishes of residents and improve the urban aesthetics. We will do our best to create a pleasant and safe urban environment."
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