A new road will be constructed between Hyosung-dong in Incheon’s Gyeyang District and Gongchon-dong in Seo-gu, while a facility for preserving and researching natural heritage will be established in Busan. Additionally, the aging post office in Guro-dong, Seoul, will undergo reconstruction to enhance its commercial and business functions.
The Ministry of Strategy and Finance held the 6th Financial Investment Evaluation Committee meeting on July 7, where it reviewed and approved the results of the preliminary feasibility study. The projects that passed the evaluation include the construction of the Bong-o to Gyeongmyeong congestion road, the establishment of the National Heritage Center, and the reconstruction of the aging post office in Guro-dong, Seoul.
First, a new 2.9-kilometer road will be built to connect Hyosung-dong in Gyeyang District and Gongchon-dong in Seo-gu. The completion of the Bong-o to Gyeongmyeong congestion road is expected to alleviate traffic congestion caused by large-scale developments in nearby areas, such as the Geomdan district. It is also anticipated to improve traffic conditions in the northwestern part of the metropolitan area.
Next, a National Heritage Center will be established in Eulsukdo, Busan, enhancing the preservation, management, exhibition, research, and educational functions related to natural heritage. This initiative aims to strengthen the foundation for preserving the nation’s natural heritage.
Finally, the project to reconstruct the aging post office in Guro-dong, which has been in operation since 1983, has also passed the preliminary feasibility study. The reconstruction aims to create a mixed-use facility that combines commercial and business spaces, thereby increasing its revenue base. As part of this project, the financial and postal services of the nearby Gwangjin Post Office will be relocated to the new Guro-dong post office building.
Vice Minister Lim Gi-geun stated, "Please ensure that projects directly related to enhancing public convenience and innovating administrative services are carried out without delay. We will continue to conduct thorough and prompt evaluations of the feasibility of financial investment projects."
* This article has been translated by AI.
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