Hwaseong City Constructs 'Bibong-Maesong Urban Expressway'

Hwaseong City announced on the 29th that it will construct the Bibong-Maesong Urban Expressway, spanning a total of 8.9 km from Yangno-ri in Bibong, Hwaseong to Cheoncheon-ri in Maesong, by 2015 to provide quality traffic services by securing a lack of east-west road networks.

In relation, Hwaseong City designated a tentatively named Hwaseong Urban Expressway Co., Ltd. as the project operator on the 29th and concluded an implementation agreement.

The Bibong-Maesong Urban Expressway will span a total length of 8.9 km with four lanes in both directions and is scheduled to be completed by December 2015. Hwaseong Urban Expressway Co., Ltd. will operate it for 30 years from 2016 to 2044.

The project will be pursued through a revenue-generating private investment project (BTO method), with total project costs of 178.9 billion won, and Hyundai E&C; will serve as the main contractor.

The Bibong-Maesong Urban Expressway is being pursued as part of the Gyeonggi Southern Region Wide-Area Traffic Improvement Plan and the Songsan Green City Wide-Area Traffic Improvement Plan, and will be connected to the Bongdam-Gwacheon Expressway.

A city official stated, "The Bibong-Maesong Urban Expressway will serve as a main access road for the USKR, which is scheduled to open in 2016," and added, "Once the road is opened, we expect accessibility to the USKR and Songsan Green City, which will grow into Korea's tourism hub, to be secured."