|Project Name||Shinbundang Line Driverless System Private Investment Project|
|Project Description||Construction and operation of double track metro connecting Gangnam, Seoul and Bundang,
|Build metropolitan Railroad network planned and operated by private sector in order to provide
fundamental solution to anticipated traffic congestion due to sudden population increase
in the southeastern part of the Metropolitan Area and Pangyo new town construction.
BTO(Build - Transfer - Operate)
|Project type||Ownership goes to the Government upon completion of the work and the concessionaire
holds operating rights.
|Gangnam Station, Gangnam-gu, Seoul - Jeongja Station, Bundang-gu, Seongnam-shi,
Kyeonggi-do 18.5km long double track metro Project expense
of 1169 billion won
|Operation duration||30 years after completion of the work|
|Participants||Government offices: MLTM, KRNA
SPC: Shinbundang Line co., ltd.