How much did the Gimpo Goldline urban railway in South Korea cost to build?
The Gimpo Goldline (Gimpo Urban Railway) is a fully underground, driverless light metro of 23.67 km with 10 stations and one depot in Gimpo, South Korea, connecting Yangchon and the Gimpo Han River New Town with Gimpo Airport station of Seoul Metro Lines 5 and 9. It took about 5 years and 6 months (1,680 days) from groundbreaking to opening on 28 September 2019. Both Gimpo Shinmun (January 2019) and The Fact (September 2019) put the project cost at KRW 1.5086 trillion, of which the Korea Land and Housing Corporation bore KRW 1.2 trillion, while English Wikipedia says KRW 1.6503 trillion.
Reported project cost
KRW 1508.6 billion
Approximately $1.29 billion
Cost basis: 2019
Cost evidence
Basis of the published figure
Project metrics
Key dimensions
- Total lengthGimpo Shinmun
- 23.671 km
Project record
Opened or launched
The Fact (더팩트)28 September 2019