The Gwangju Employers' Association expressed its welcome regarding the passage of the 'Gwangju-Daegu Dalbit Railroad Special Act,' stating that "a new turning point has been established for regional economic development."


The special act includes provisions for exemption from preliminary feasibility studies to expedite railway construction projects,designation of development zones within 3 km around high-speed rail stations,and subsidies and loans for construction projects and surrounding area development.


The Dalbit Railroad, with a total length of 198.8 km, is a route passing through Daegu (Seodaegu)~Gyeongbuk Goryeong~Gyeongnam Hapcheon, Geochang, Hamyang~Jeonbuk Jangsu, Namwon, Sunchang~Jeonnam Damyang~Gwangju (Songjeong), and is scheduled to be completed by 2030.


Gwangju Gyeongchong "Welcomes the Enactment of the Dalbit Railroad Special Act" View original image

Yang Jin-seok, president of Gwangju Employers' Association, evaluated, "The Dalbit Railroad will be more than just a simple east-west transversal railway; it will be an opportunity for various regional developments such as east-west harmony, interregional industrial promotion, and overcoming the crisis of local extinction, as well as a symbol of national balanced development."



He continued, "It is true that our country's national transportation network has grown as a north-south axis centered on the Seoul metropolitan area, causing concentration in the metropolitan area and hindering east-west exchanges. The Dalbit Railroad will greatly contribute to the southern economic development, including human exchange, logistics, and industry."


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