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The South Korean government will fund the construction of an east-west high-speed rail link
connecting Chuncheon and Sokcho.
On July 11, the Ministry of Planning and Finance confirmed that it would invest 2,063.
1 billion won in the construction of
the East-West high-speed railway.
The director of the Land and Transport Budget Division of the Ministry of Planning and Finance said that on the 8th, a preliminary investigation will be carried out to implement a rapid promotion financial support plan
for the east-west high-speed rail business.
The East-West high-speed rail service will build a 93.
9-kilometer single-track electrification route
from Chuncheon via Hwascheon, Yangkou, Linsho to Sokcho.
If completed, it is expected to travel from Seoul Yongsan Station to Sokcho Station in 1 hour and 15 minutes by express train traveling at 250 kilometers per hour
.
It will be completed
in 2024-2025.
The South Korean government began promoting the East-West high-speed rail business
in 1987.
However, because of the "low economy", preliminary surveys
were passed three times in 2001, 2010 and 2012.
Fourth, the business started to get on track
.
When the Ministry of Land, Infrastructure, Transport and Tourism invests in government finances and private capital, and promotes business, the operating expenses serve as national capital
.
In terms of private capital investment, there is a great
deal of regional exclusion.
When the income of private investors can be reversed, the economy is not high, and the national interests make the construction of the east-west high-speed railway necessary
.
On the other hand, the Ministry of Planning and Planning made it possible to connect the KTX from Suwon and Incheon on the same day, and decided to invest KRW 255.
4 billion and KRW 383.
3 billion
.
The South Korean government will fund the construction of an east-west high-speed rail link
connecting Chuncheon and Sokcho.
On July 11, the Ministry of Planning and Finance confirmed that it would invest 2,063.
1 billion won in the construction of
the East-West high-speed railway.
The director of the Land and Transport Budget Division of the Ministry of Planning and Finance said that on the 8th, a preliminary investigation will be carried out to implement a rapid promotion financial support plan
for the east-west high-speed rail business.
The East-West high-speed rail service will build a 93.
9-kilometer single-track electrification route
from Chuncheon via Hwascheon, Yangkou, Linsho to Sokcho.
If completed, it is expected to travel from Seoul Yongsan Station to Sokcho Station in 1 hour and 15 minutes by express train traveling at 250 kilometers per hour
.
It will be completed
in 2024-2025.
The South Korean government began promoting the East-West high-speed rail business
in 1987.
However, because of the "low economy", preliminary surveys
were passed three times in 2001, 2010 and 2012.
Fourth, the business started to get on track
.
When the Ministry of Land, Infrastructure, Transport and Tourism invests in government finances and private capital, and promotes business, the operating expenses serve as national capital
.
In terms of private capital investment, there is a great
deal of regional exclusion.
When the income of private investors can be reversed, the economy is not high, and the national interests make the construction of the east-west high-speed railway necessary
.
On the other hand, the Ministry of Planning and Planning made it possible to connect the KTX from Suwon and Incheon on the same day, and decided to invest KRW 255.
4 billion and KRW 383.
3 billion
.
