Chronic congestion at Seocho Yangjae Interchange in Seoul to be alleviated with new road construction.

Ministry of Land, Infrastructure and Transport Announces Private Investment Proposal for Seongnam-Seocho Expressway,
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, Near the Yangjae Interchange, a notorious congestion area
[Yonhap News File Photo],
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, “(Seoul=Yonhap News) Reporter Lim Seong-ho – The Ministry of Land, Infrastructure and Transport announced on the 28th that it will conduct a third-party proposal announcement to select a preferred negotiation partner for the ‘Seongnam-Seocho Expressway Private Investment Project’ from the 29th onwards for 90 days until April 29.”,
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, “This project aims to build an expressway connecting Seongnam City in Gyeonggi Province and Seocho District in Seoul to alleviate the traffic burden around the Yangjae Interchange (IC), a notorious congestion point on the Gyeongbu Expressway, and to reduce travel time from southern metropolitan areas like Pangyo to Seoul.”,
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, “The project section spans approximately 10.7 kilometers from near Pangyo, where the Gyeongbu Expressway and the Yongin-Seoul Expressway meet, to the Umyeonsan Tunnel, with a four-lane dual carriageway. The estimated project cost is 561.2 billion won, which may increase in the future.”,
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, “The Seongnam-Seocho Expressway private investment project was first proposed as a private investment project in July 2016 and has undergone feasibility studies and strategic environmental impact assessments. Its final implementation was decided at the end of last year.”,
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, “Following the selection of the preferred negotiation partner, the ministry aims to commence construction in 2029 and open the expressway in 2034.”,
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, “Lee Woo-je, Director of the Road Bureau at the Ministry of Land, Infrastructure and Transport, stated, ‘We expect this project to alleviate the chronic congestion around the Yangjae Interchange, reducing travel times for the public and significantly improving road user convenience. The expressway’s function as a main route on the Gyeongbu Expressway will also be enhanced.'”,
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, Location map of the Seongnam-Seocho Expressway (based on initial proposal)
[Provided by the Ministry of Land, Infrastructure and Transport. Redistribution and DB prohibited],
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, ‘sh@yna.co.kr’,
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