Cheonan City Confirms Economic Feasibility of Cheongsu Station Construction

Final Report Meeting on the Preliminary Feasibility Study for the Metropolitan Subway
Plan to Apply to the Ministry of Land, Infrastructure and Transport for New Subway Stations

On the 23rd, the final report meeting for the preliminary feasibility study of the metropolitan subway was in progress at the Cheonan City Hall main conference room.

Cheonan City in Chungnam Province announced on the 23rd that the economic feasibility of the Cheongsu Station construction project has been confirmed.

On this day, the city held a final report meeting for the preliminary feasibility study on the metropolitan subway at the city hall's main conference room and disclosed the results of the review for the construction of Cheongsu Station, Shinbu Station, Bokmo Station, and Guryong Station.

Cheongsu Station, which will connect the Cheongsu, Cheongdang, and Yonggok districts, was analyzed as an economically viable project with a benefit-cost ratio (B/C) of 1.0 or higher.

The other stations showed a B/C ratio of 1.0 or lower. For a project to be considered economically feasible, the B/C ratio must exceed 1.0.

It was found that the construction of Shinbu Station would be difficult, considering the short distance between stations.

Bokmo Station is planned to be newly established in line with the creation of the National Industrial Complex for Future Mobility, and Guryong Station can secure economic feasibility only after the development of large-scale residential and industrial complexes has been completed and reviewed.

The city plans to apply to the Ministry of Land, Infrastructure and Transport for the establishment of the new subway stations based on the results of this study.

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