Breaking
DEHubert Aiwanger is dead: his partner Tanja Schweiger talks about his deathBRCOP31: UN says countries need to do more to contain global warmingCNOdyssey cruise ship’s voyage ends in Singapore arrest after owner goes bustCNYilan County Councilor Yang Shunmu handed over the baton, and the involved deputy Yang Yilin bought votes in cash and was ordered to be detainedBRPope Leo XIV brings together more than 2.5 million faithful in Buenos AiresCNTaiwan Stocks Open》Electronic and financial news soared, the index rose more than 1,200 pointsUSPredicting 2027 MLB Rookie of the Year candidates: Josue De Paula, Kade Anderson, Jesús Made and moreKR[Featured stocks] Fiber optic stocks surged in early trading due to assessment of ‘excessive data center concerns’AUChina's spy tactics may reshape the AI race for supremacyAUJury finds man guilty of murdering former school friendDEHubert Aiwanger is dead: his partner Tanja Schweiger talks about his deathBRCOP31: UN says countries need to do more to contain global warmingCNOdyssey cruise ship’s voyage ends in Singapore arrest after owner goes bustCNYilan County Councilor Yang Shunmu handed over the baton, and the involved deputy Yang Yilin bought votes in cash and was ordered to be detainedBRPope Leo XIV brings together more than 2.5 million faithful in Buenos AiresCNTaiwan Stocks Open》Electronic and financial news soared, the index rose more than 1,200 pointsUSPredicting 2027 MLB Rookie of the Year candidates: Josue De Paula, Kade Anderson, Jesús Made and moreKR[Featured stocks] Fiber optic stocks surged in early trading due to assessment of ‘excessive data center concerns’AUChina's spy tactics may reshape the AI race for supremacyAUJury finds man guilty of murdering former school friend
BackMinistry of Land, Infrastructure and Transport intensively inspects delays in licensing of 16 new city road projects
Ministry of Land, Infrastructure and Transport intensively inspects delays in licensing of 16 new city road projects
Developing
연합뉴스11 minutes agoBusiness2 min readSouth KoreaView original

Ministry of Land, Infrastructure and Transport intensively inspects delays in licensing of 16 new city road projects

Intensive inspection of 16 rapid approval management projects, including Hanam Gyosan, Incheon Gyeyang, and Gwacheon

Quick Look

  • On the 11th, the Ministry of Land, Infrastructure and Transport's Metropolitan Area Transportation Committee will hold a rapid promotion TF inspection meeting to resolve delays in permitting and permitting new city transportation measures, including the 3rd new city.
  • We plan to intensively inspect 16 rapid licensing management projects, including Hanam Gyosan, Incheon Gyeyang, and Gwacheon, and shorten the licensing period through consultation with related organizations.

AI-generated summary

Why It Matters

The Metropolitan Transportation Committee of the Ministry of Land, Infrastructure and Transport has been operating a rapid promotion task force (TF) to resolve delays in licensing of new city transportation measures, such as the 3rd new city. Through the operation of the TF, two projects, including the underground urban expressway between Gwacheon and Umyeonsan, began construction last month.

Font size

The Metropolitan Area Transportation Committee of the Ministry of Land, Infrastructure and Transport announced on the 10th that it will hold a task force (TF) inspection meeting for rapid promotion of new city transportation measures on the 11th to resolve delays in licensing of new city transportation plans, including the 3rd new city.

At this meeting, we will intensively inspect 16 ‘rapid licensing management projects’ that can accelerate project completion.

The target projects include the Gaeksan Tunnel-National Route 43 connection road in Gyosan District, Hanam, the National Route 39 connection road in Gyeyang District, Incheon, the underground urban expressway between Gwacheon and Umyeonsan in Gwacheon-Gwacheon District, and the expansion and integration of the Ivory Valley underpass.

Three underpasses in the Ansan Jangsang district, expansion of the coastal road in the Poansan district of Uiwang-gun, construction of a new Yongdam IC connection road, and road opening and expansion projects in the Siheung Janghyeon and Siheung Mokgam districts were also included.

The committee plans to check the progress and future schedule of design and licensing for each project and shorten the licensing period as much as possible through consultations between related organizations.

Previously, through TF operation, two projects, including the underground urban expressway between Gwacheon and Umyeonsan in Gwacheon-Gwacheon District, began construction last month.

The committee plans to support the follow-up licensing process for other rapid licensing projects without disruption and identify issues for system improvement by analyzing factors and structural problems that repeatedly occur in licensing delays.

Moon Seok-jun, acting director of the committee's Metropolitan Transportation Policy Bureau, asked local governments and the Korea Land and Housing Corporation (LH) to thoroughly manage the schedule for each project and preemptively adjust matters that require consultation to avoid delays in follow-up procedures.

What to Watch

AI outlook — possibilities, not facts

  • The licensing process for 16 rapid licensing management projects will be shortened, expediting the project completion period.

    Likely · Within months

Open Questions

  • When is the specific completion date for each of the 16 target projects?
  • What are the specific plans for consultation between relevant agencies to shorten licensing?
  • What are the specific items to be discovered as system improvement tasks?

Related Topics

This article was originally published by 연합뉴스.

Related Stories

October treasury bond interest rates fall due to falling oil prices and foreign futures purchases
Business·

October treasury bond interest rates fall due to falling oil prices and foreign futures purchases

Last October, interest rates on government bonds fell across all sectors due to the decline in international oil prices and foreign buying of government bond futures. The size of bond issuance was KRW 91 trillion, an increase of KRW 4.5 trillion from the previous month, but over-the-counter trading volume decreased by KRW 14.1 trillion to KRW 434.6 trillion.

연합뉴스
4 min read
Heerim Architecture wins contract for Dodoma smart city construction project in Tanzania
Business·

Heerim Architecture wins contract for Dodoma smart city construction project in Tanzania

Heerim Architects & Engineers was selected as the overall master planner to create a smart city on approximately 10,000 ha around Lake Hombolo in Dodoma, the administrative capital of Tanzania. This is a project won by a private architectural company through direct negotiations with the local government, and is dedicated to establishing a comprehensive master plan and feasibility study for the development of a modern satellite city that combines eco-friendly technology and cutting-edge ICT infrastructure.

연합뉴스
2 min read
[Featured stocks] Fiber optic stocks surged in early trading due to assessment of ‘excessive data center concerns’
BREAKING·

[Featured stocks] Fiber optic stocks surged in early trading due to assessment of ‘excessive data center concerns’

Optical communications stocks are soaring as expectations for the development of AI data centers, which had dwindled after the U.S. midterm elections, are reviving. On KOSDAQ, RFHIC rose 16.73%, and Korea Optical Communication and Light & Electronics also rose 7% and 5%, respectively. This is due to the recovery of expectations as large global investment banks opined that concerns about AIDC regulation are excessive.

연합뉴스
2 min read
More on this topic3rd new city