
Emphasis on reducing project costs by sharing CTX routes... “There is an urgent need for a rail network connecting the administrative capital and key cities.”
AI-generated summary
Sejong City is leaping forward as a de facto administrative capital with the construction of the President's Sejong Office and the National Assembly Sejong Building in full swing, but the lack of a high-speed rail station continues to inefficiency and inconvenience in government administration.
An opinion was raised that a high-speed rail network connecting the Government Complex Sejong and Daejeon should be built in the form of a branch line on the existing high-speed rail line.
According to Sejong City on the 13th, the city attended the 5th opinion gathering event for the national rail network construction plan hosted by the Ministry of Land, Infrastructure and Transport held at the Specialized Construction Center in Seoul and requested that the high-speed rail (KTX) passing through Sejong City be included in the national rail network construction plan.
The plan proposed by Sejong City is to build three new connection lines (branch lines) and one new station.
Although the specific stopping station was not disclosed, it is known that the vicinity of the Sejong Government Complex is likely.
The plan is to construct a new branch line from the Gyeongbu Line near Osong Station and rejoin the Gyeongbu Line through downtown Sejong and Daejeon, or connect it to the Honam Line that runs through downtown Sejong and goes around the outskirts of the city.
Sejong City explains that the project cost can be significantly reduced if the branch line shares some of the routes of the Chungcheong Metropolitan Railway (CTX), which is currently being promoted.
The CTX project, which is mainly promoted by private construction companies, passed the private investment eligibility survey by the Korea Development Institute (KDI) last year.
The CTX line, which connects Daejeon, Sejong, and North Chungcheong Province in 30 minutes, is scheduled to begin construction in 2028 and be completed in 2034, and a recruitment announcement for operators is scheduled to be made within the year.
Sejong City emphasized that since the GTX-A line built in the metropolitan area and the Suseo High-Speed Railway (SRT) share the Suseo Station-Dongtan Station track, CTX and the existing KTX, which have the same power supply method, can also share the track.
Sejong City Deputy Mayor for Economic Affairs Park Seong-soo said, "Sejong City, which is leaping forward as a de facto administrative capital with the construction of the President's Sejong Office and the Sejong National Assembly Building, is in full swing, and the absence of a high-speed rail station continues to cause serious inefficiencies and inconveniences in government administration. In order to reduce the time and social costs of accessing Sejong, it is urgent to expand the rail transportation network that is directly connected to major cities across the country."
AI outlook — possibilities, not facts
The Ministry of Land, Infrastructure and Transport will review whether to include the Sejong City high-speed rail network in the 5th national rail network construction plan.
Likely · Within months

As the final production of rice this year is 3.508 million tons, which is 10,000 tons lower than originally expected, the excess production of rice for rice is expected to decrease from 70,000 tons to 60,000 tons. The Ministry of Agriculture, Food and Rural Affairs cited drought and high temperatures in July and August as the causes.

South Korea will allow credit card users to convert dormant reward points into regional cash vouchers starting May next year, aiming to boost consumption and revitalize local economies. Accumulated card points total 2.1 trillion won (US$1.57 billion), and the service will expand to KTX rail miles and other points.
NVIDIA's board of directors announced the resignation of CEO Jensen Huang and appointed CFO Colette Kress as interim CEO. The background is a series of controversies, including suspicions of involvement with Chinese spies and a third affair scandal.

On the 13th, in the Seoul bond market, government bond interest rates rose all at once compared to the previous trading day. The 3-year bond recorded an annual rate of 3.756% (a 2.7bp increase), and the 10-year bond recorded an annual rate of 3.996% (a 5.9bp increase). Automatically created article based on Yonhap Infomax data.

President Lee Jae-myung presided over a capital market policy meeting in Yeouido, Seoul on the 13th and discussed measures to alleviate stock market volatility, expand communication between companies and shareholders, and support measures to revitalize M&A. Participants suggested operating a stock market stabilization fund, introducing an earnings call system, mandating IR, and allowing minors to join ISA, etc., and the president mentioned the need to supplement the system.

Hana Financial Group obtained the highest rating, AAA, for three consecutive years in MSCI's 2026 ESG evaluation. It received a perfect score in the environment category and was recognized for its efforts to respond to climate change and transition to a low-carbon economy.