Hanam-si, "Line 3 Hanam Extension Passes Preliminary Feasibility Study"... Expectation for 'Transportation First, Housing Later'

1.54 Trillion Invested... Connecting Seoul Songpa~Hanam Gyo-san~Hanam City Hall Station (Line 5)

Hanam City Hall

[Asia Economy Reporter Ra Young-cheol] Hanam City in Gyeonggi Province announced on the 19th that the extension project of Subway Line 3 (Songpa-Hanam Line), a key wide-area transportation project in the 3rd New Town Hanam Gyosan District, passed the preliminary feasibility study by KDI (Korea Development Institute) on the 18th.

The Line 3 Hanam extension project involves an investment of a total of 1.5401 trillion KRW to connect the 12km section from Seoul Songpa to Hanam Gyosan to Hanam City Hall Station (Line 5).

According to the city, the results of KDI's preliminary feasibility study for public institutions showed an economic analysis (B/C) of 0.6 and a comprehensive evaluation (AHP) of 0.509, proving the project's feasibility and anticipating some relief in traffic congestion in the Gyosan New Town and nearby areas.

In particular, the 3rd New Town railway projects, 'Goyang Eunpyeong Line' and 'Gangdong Hanam Namyangju Line,' are currently in the basic planning stage.

Additionally, the Line 3 Hanam extension project has entered the service order procedure for basic plan establishment, and the city expects a "transportation-first, residence-later" approach for the 3rd New Town.

Lee Hyeon-jae, Mayor of Hanam City, stated, "We welcome the passage of the KDI preliminary feasibility study for the Line 3 Hanam extension project," emphasizing the need for route selection including the attraction of the tentative Shindeokpung Station to connect the new town and the old town.

He added, "In the future, during the establishment of the basic plan and detailed design, we will collect residents' opinions and actively cooperate with higher related institutions such as the Ministry of Land, Infrastructure and Transport to reflect them."

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