Dongducheon-si, "Economic Feasibility Positive"‥ 'GTX-C' Dongducheon Extension Feasibility Study Report Meeting
Economic Feasibility B/C Ratio 1.73
GTX-C Dongducheon Extension Interim Service Report Meeting [Provided by Dongducheon City]
View original image[Asia Economy Reporter Ra Young-cheol] Dongducheon City in Gyeonggi Province held an interim report meeting on the preliminary feasibility study for the extension of the 'Metropolitan Area Express Railway (GTX-C)' line to Dongducheon Station, emphasizing the necessity of the extension.
On the 15th, the city announced, "As a result of the technical review, adding an additional platform, turnaround track, and stabling track to the existing Gyeongwon Line tracks and station yielded a favorable economic feasibility B/C value of 1.73."
It further predicted, "If the GTX-C line is extended to Dongducheon Station, there will be significant demand from residents of northern Gyeonggi areas such as Yangju Nam-myeon, Yeoncheon, Cheorwon, and Pocheon, where metropolitan transportation conditions are poor, as well as from soldiers stationed at nearby military bases."
The city plans to submit the results of this study to Gyeonggi Province and the Ministry of Land, Infrastructure and Transport. It also intends to request the 'priority negotiator' selected in the second half of the year to ensure the extension is included.
This study was conducted by the Public Transportation Forum and Isan Co., Ltd.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- The Unexpected Story of an American Man Who Won the Lottery 18 Times in 29 Years: "My Real Luck Is My Wife"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Mayor Choi Yong-deok stated, "The extension of the GTX-C line to Dongducheon will improve the quality of life for residents in northern Gyeonggi who have been neglected and provide an opportunity for private sector participation in the development of U.S. military base areas." He added, "We will establish plans to improve transfer conditions and work closely with local National Assembly members, provincial councilors, and city councilors to do our best until the extension is confirmed."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.