Gyeonggi Province Secures Record National Funding to Alleviate Traffic Congestion

Gyeonggi Province's chronic road traffic congestion is expected to be alleviated with the largest national funding ever secured.

Gyeonggi Province announced on the 13th that the scale of national funding support for road projects in Gyeonggi Province for 2014 was confirmed at 1.584 trillion won, an increase of 252.8 billion won from 1.3312 trillion won in the previous year.

This represents the largest achievement in securing national funding for road projects to date, and in terms of project content, it has been substantively secured to simultaneously satisfy the construction of new key roads including expressways, completion of major road construction, and resolution of intersection congestion to resolve urban traffic congestion.

Accordingly, the full-scale promotion of the Guri-Pocheon private investment expressway and the prompt promotion of major road construction projects of high interest to residents, such as the opening of the National Highway Bypass Route 3 and the completion of the Uijeongbu Howon IC, are expected to proceed without delay, thereby significantly increasing residents' satisfaction with road traffic.

In particular, the securing of 774.7 billion won in national funding for road projects in northern Gyeonggi Province is a result of the government's consideration for regions that have been underdeveloped in road and traffic infrastructure and Gyeonggi Province's strategy of selective concentration on national funding acquisition working together, the province explained.

Design costs for National Highway 39 from Jianghung to Gwangjuk in Yangju and National Highway 78 from Jori to Papyeong in Paju, long-cherished projects of residents in northern Gyeonggi Province, have been reflected.

Additionally, 13.6 billion won in land compensation funds were reflected for three sections of the National Highway Bypass Route (9.34 km from Todang to Wondan to Gwansan on National Highway 39 in Goyang City, 7.44 km from Samga to Daechon on National Highway 42 in Yongin City, and 15 km from Hoecheon to Sangpae to Cheongsan on National Highway 3 in Dongducheon City) that faced work suspension due to lack of land compensation funds in the previous year, allowing construction to resume.

A Gyeonggi Province official stated, "The largest achievement in securing national funding for road projects is the result of Gyeonggi Province and its National Assembly members uniting without partisan divisions for the development of Gyeonggi Province."