'Hwaseong-Osan Expressway' Private Investment Project Passes Deliberation Committee

Travel Time from Hyangnam to Dongtan to Be Cut by Over 40 Minutes
Balanced Regional Development Expected with New Hwaseong-Osan Expressway
Construction Scheduled to Begin as Early as Late 2028

Hwaseong City in Gyeonggi Province announced on the 29th that the "Hwaseong-Osan Expressway Private Investment Project (BTO-a)" passed the review of the Private Investment Project Deliberation Committee of the Ministry of Economy and Finance on the 28th.

This project will connect Haengjeong-ri in Hyangnam-eup, Hwaseong City to Geumam-dong in Osan City with a 13.3-kilometer, four-lane expressway in both directions.

Once the road is completed, travel time from Hyangnam to Dongtan will be reduced from 74 minutes to 32 minutes, saving more than 40 minutes. In addition, the city expects that securing a bypass for congested sections and improving logistics efficiency for industrial complexes will contribute to balanced development between the eastern and western regions of Hwaseong City.

Following the approval, the city plans to announce a third-party proposal notice next month, proceed with negotiations and design procedures, and begin construction as early as the end of 2028.

Jung Myunggeun, Mayor of Hwaseong, stated, "This project will efficiently disperse the excessive traffic demand on existing national and local roads and improve traffic flow. We will ensure the smooth progress of the project to realize the era where any location within the city can be reached within 30 minutes."

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