Korea Rail Network Authority Signs Business Agreement with Gangwon Province and Chuncheon City for Station Area Development

Chairman Kim Han-young (first on the right) of the Korea Rail Network Authority is taking a commemorative photo with Governor Kim Jin-tae of Gangwon Province (center) and Mayor Yuk Dong-han of Chuncheon (first on the left).

[Asia Economy Reporter Kim Min-young] The Korea Rail Network Authority announced on the 31st that it has signed a business agreement with Gangwon Province and Chuncheon City to facilitate the smooth promotion of the Chuncheon Station area development project, which is related to the construction of the Chuncheon-Sokcho East-West High-Speed Railway.

The signing ceremony held at the Gangwon Provincial Office was attended by Chairman Kim Han-young, Governor Kim Jin-tae of Gangwon Province, Mayor Yuk Dong-han of Chuncheon, and National Assembly member Heo Young.

The Chuncheon Station area development project will be promoted by applying the "Act on the Development and Use of Station Areas" to approximately 690,000㎡, including the railway site of Chuncheon Station and its surrounding areas.

According to this agreement, the Authority will establish a detailed development plan for the Chuncheon Station area and implement the project after a preliminary feasibility study by the Korea Development Institute (KDI). Gangwon Province and Chuncheon City will participate in urban planning changes, administrative support related to various permits, and the development of city-owned land.

Chairman Kim Han-young said, "This project is the first to apply the Station Area Development Act, and we plan to build a compact city centered around Chuncheon Station that integrates all functions such as residential, business, commercial, and cultural, creating a new landmark for Chuncheon."

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