Gwangju City, Road Expansion Construction Around Asia Culture Center
Children's Culture Center~Jeonnam National University Hospital Five-way Intersection 215m Section Expanded to 5 Lanes Both Ways
[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 27th that it will actively proceed with a road expansion project by investing 33.7 billion KRW entirely from national funds to resolve the habitual traffic congestion on the roads around the Asia Culture Center (Gwangsan-gil).
The project involves expanding a 215-meter section from the Asia Culture Center Children's Culture Center to the Jeonnam National University Hospital Five-way Intersection from a two-lane road in both directions to a five-lane road in both directions. The feasibility study was conducted in 2019, and the project was confirmed by the Ministry of Culture, Sports and Tourism in December of the same year.
Compensation will be completed by this year, and construction is planned to begin in the second half of the year.
Once the road is opened, it is expected to contribute to revitalizing the local economy by solving the surrounding slum problems and accelerating nearby development projects.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Bull Market End Signal? Securities Firm Warns: "Sell SK hynix 'At This Moment'"
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
- "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
Kim Jae-sik, head of the city's urban planning division, said, “The expansion project of the roads around the Culture Center is expected to not only resolve habitual traffic congestion but also contribute to preventing urban hollowing through development promotion,” and added, “We ask for the active cooperation of local residents so that compensation can proceed smoothly for the prompt advancement of the project.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.