Jungbong Tunnel in Incheon Passes First Stage of Private Investment Project Evaluation... Operator to Be Selected by March Next Year
The Incheon city government announced on December 3 that the Jungbong Tunnel private investment project, which is being promoted as a leading initiative under the Northern Region Comprehensive Development Plan, has passed the first stage evaluation of the project proposal for the third-party proposal notice.
The city explained that the provisional entity "Jungbong Tunnel Corporation," which submitted the project proposal, is led by DL Construction as the main investor, and has demonstrated the required capabilities and qualifications in design and construction as well as financial stability.
Since the project proponent has passed the first stage evaluation, the city plans to proceed directly to the second stage evaluation without re-announcing the project. The second stage evaluation will accept project proposals until February 24 next year.
The evaluation criteria consist of technology, demand, and price. A minimum score of 700 out of 1,000 points is required to qualify as a negotiation candidate. The city plans to select the preferred negotiation candidate through the second stage evaluation by the end of March next year.
The Jungbong Tunnel is a flagship project of the Northern Region Comprehensive Development Plan, connecting Gyeongseo Samgeori in Gyeongseo-dong, Seo-gu, to Geomdan 2 Interchange in Wanggil-dong. The tunnel will be a 4.57-kilometer-long, four-lane expressway exclusively for vehicles. It will be constructed as a deep underground tunnel passing beneath the Gyeongin Ara Waterway and the metropolitan landfill site.
By connecting the previously disconnected sections between Gyeongseo-dong and Wanggil-dong in Seo-gu, the project will complete the north-south axis of Incheon's arterial road network linking Songdo and Geomdan. This will reduce travel time from the old downtown area of Michuhol-gu to Geomdan in Seo-gu by approximately 13 minutes and is also expected to alleviate severe congestion and traffic delays currently occurring on Bongsu-daero and Seogeot-ro.
In addition, the tunnel will provide an alternative route for traffic generated by several industrial complexes, including the Geomdan General Industrial Complex, helping to meet freight demand and reduce logistics costs.
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An Incheon city official stated, "We plan to select the project operator through a fair and transparent review process," adding, "Once the Jungbong Tunnel is constructed, it will connect the north-south arterial road network in Incheon and is expected to resolve traffic congestion in areas such as Seogeot-ro and Bongsu-daero."
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