On Track for Opening in September 2024

Aerial view of Yeongcheon Race Park.

Aerial view of Yeongcheon Race Park.

View original image

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Jae-ho] Gyeongsangbuk-do announced on the 2nd that the approval process for the construction of Yeongcheon Racecourse Park has entered its final stage, and full-scale project promotion will begin.


Recently, the plan to extend Daegu Metro Line 1 from Gyeongsan Ansim Station to Yeongcheon Geumho (Racecourse Park) was included in the Ministry of Land, Infrastructure and Transport's 4th National Railroad Network Construction Plan, which is expected to give this project even more momentum.


The Korea Racing Authority plans to apply for a building permit from Yeongcheon City on the 3rd. Prior to the permit application, several consultations were held with related agencies to reflect the opinions of the relevant departments, so Gyeongbuk Province expects the final approval to be completed by around September at the latest.


Yeongcheon Racecourse Park is being developed with the goal of opening in September 2024. As the first domestic international-standard racecourse with a turf track, it is expected to become a regional landmark attracting 2 million tourists annually upon opening.



Governor Lee Cheol-woo emphasized, "We will not stop supporting the cultural tourism and leisure industry, which will be a future growth engine in the upcoming 4th Industrial Revolution era," adding, "Just as we achieved the extension of the metropolitan railroad, we will do our best to revitalize the local economy by continuously cooperating with central government ministries, local lawmakers, Yeongcheon City, and the Korea Racing Authority to build an international-standard racecourse park."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing