Full Opening of Daegu Outer 4th Ring Road After 35 Years
Relieving Urban Traffic Congestion, Annual Logistics Cost Savings of 100 Billion KRW
Daegu Outer Ring 4th Circular Road Fully Opening on the 31st
Dongmyeong and Dongho Interchanges.
[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] The fourth outer ring road around downtown Daegu, a long-awaited project, will be fully opened from 12 noon on the 31st, 35 years after its inception.
The Daegu 4th ring road, with about half of its total length of 32.8 km, has been constructed and operated by Daegu City with an investment of 1.2 trillion KRW. With the completion of the remaining sections, the entire 65.7 km route is now connected as one.
This opening is expected to reduce logistics costs by about 100 billion KRW annually by dispersing traffic volume concentrated in the downtown area to the outskirts.
The completed sections include Dalseo~Dongmyeong·Dongho and Seobyeon~Sangmae segments, featuring 8 interchanges (Dalseo, Dasa, Bukdasa, Jicheon, Dongmyeong·Dongho, Seobyeon, Pagunjae, Dunsan) and 2 junctions (Chilgok, Sangmae), connecting to the Gyeongbu Expressway, Jungang Expressway, Daegu-Busan Expressway, and major national roads passing through Daegu.
The Daegu 4th ring road connects the outskirts of Daegu from Dalseo Sangin to Dalseong Dasa, Buk-gu Yeonggyeong, Dong-gu Innovation City, and up to Jisan·Beommul.
It is also expected to contribute to the economic revitalization of the Daegu-Gyeongbuk metropolitan area by linking surrounding cities such as Yeongcheon, Gyeongsan, and Chilgok into one network.
Hot Picks Today
"You Might Regret Not Buying Now"... Overseas Retail Investors Stirred by News of Record-Breaking Monster Stocks' IPOs
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- Mistaken for the Flu, Left Untreated... Death Toll Surges as WHO Declares Emergency (Comprehensive)
- "Concerns Over Expanded Travel Rule"... FIU Holds Closed Meeting with Virtual Asset Industry on Enforcement Decree of the Act on Specified Financial Transaction Information
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
Daegu Mayor Kwon Young-jin said, “We will do our best to establish a Daegu metropolitan wide-area ring expressway network connecting major hub areas centered on Daegu, laying the foundation for mutual growth between Daegu and Gyeongbuk.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.