• 2026.04.21 (Tue)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

South Korea Unveils Comprehensive Plan for Underground Railway Development

KO YONG-CHUL Reporter / Updated : 2025-01-08 14:39:18
  • -
  • +
  • Print

Seoul, South Korea – The Ministry of Land, Infrastructure and Transport has announced a comprehensive plan to expedite the underground development of railways across the country. The plan outlines a long-term roadmap to guide local governments and industry stakeholders in their efforts to underground railway lines and optimize land use.

A key focus of the plan is to prioritize projects that can generate sufficient revenue from above-ground development to offset the costs of underground construction. For projects with limited financial viability, the government will explore support options and consider the potential economic impact on local communities.

To streamline the implementation of these projects, the government plans to establish a dedicated subsidiary under the Korea Railroad Corporation. This new entity will be responsible for overseeing and managing underground railway development projects. Additionally, a unified accounting system will be implemented to facilitate the sharing of resources among different regions.

The scope of underground railway development projects has been expanded to include the construction of artificial platforms above railway facilities. This will allow for more intensive and versatile land use. The government will also offer various incentives to promote high-density development in these areas.

While the initial phase of the plan was originally scheduled for completion this year, it has been delayed due to ongoing negotiations with local governments. Some local authorities have proposed including all railway lines within their jurisdictions in the first phase, while others have raised concerns about funding.

The Ministry plans to form task forces to address these issues and finalize the details of the first phase of the project. Once agreements have been reached with local governments, the ministry will proceed with developing a comprehensive plan for nationwide railway underground development.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #seoulkorea
  • #periodicoeconomico
  • #글로벌이코노믹타임즈
  • #GET
  • #GETtv
  • #대한민국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #my
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • Gov’t Enforces ‘Odd-Even’ Driving Restraint for Public Sector Amid Middle East Energy Crisis

  • Naver D2SF Launches 18th Campus Tech Startup Competition to Foster Next-Gen Innovators

  • 'Epic Fury' Without an Exit: The Aftermath of Trump’s "Hit-and-Run" Politics

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065591496950566 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Theori Supplies ‘Xint,’ an AI-Powered Hacker Solution, to Samsung Electronics
  • Inzent Partners with Canada’s Solace to Accelerate Expansion in the Financial IT Market
  • FORCS to Unveil 'eformsign AI Assistant' at WIS 2026: A Revolution in AI-Powered Electronic Documents
  • [Interview] Chairman David Cha of ‘Ethiopia Bet’: "Building a House (Bet) of Self-Reliance Beyond Simple Relief"
  • Taiwanese Tourism Industry Experiences the Charm of Chungnam
  • A University Professor's Lament

Most Viewed

1
From the Alps to Seoul: Life in the Heart of Europe
2
$2 Million Per Ship: Iran’s "Hormuz Toll" Emerges as Chokepoint in Peace Talks
3
BYD Hits 10,000-Unit Milestone in South Korea Within One Year, Eyes Exclusive "10,000 Club" Entry
4
BOK Holds Rate Steady for Seventh Consecutive Meeting, Signaling End of Easing Cycle
5
Republican Party Faces "Total Crisis" as War and Inflation Cloud Midterm Outlook
광고문의
임시1
임시3
임시2

Hot Issue

Generative AI Use Triples Among Seoul Citizens, but Digital Divide Persists for Seniors

MAFRA Unveils Success in Integrated Rural Care: Synergizing Social Farming and Medical Services

Gov't Launches 'One-Team' Initiative to Transform Regional Airports into Tourism Hubs

Inzent Partners with Canada’s Solace to Accelerate Expansion in the Financial IT Market

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers