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Seoul Metro

From Wikipedia, the free encyclopedia
Seoul Metro
Company typeMunicipal-owned corporation
IndustryRapid transit
PredecessorsSeoul Metro Corporation
Seoul Metropolitan Rapid Transit Corporation
Founded31 May 2017[1]
Headquarters346 Cheonho-daero, Seongdong District, Seoul, South Korea
Key people
Baek Ho[2](CEO)
ProductsSubway
OwnerSeoul Metropolitan Government
Websitewww.seoulmetro.co.kr/en/index.do?device=PC
Seoul Metro
Hangul
Hanja
Revised RomanizationSeoul Gyotong Gongsa
McCune–ReischauerSŏul Kyot'ong Kongsa
Seoullo Painting in Seoul Metro 1001 Train

Seoul Transportation Corporation, branded as Seoul Metro (Korean서울교통공사), is a municipal-owned corporation owned by Seoul Metropolitan Government, and one of the two major operators of Seoul Metropolitan Subway with Korail.

History

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On May 31, 2017, Seoul Transportation Corporation was formed after a merger of Seoul Metro Corporation and Seoul Metropolitan Rapid Transit Corporation to more efficiently operate services on lines 1–9.

Management・Performance

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In South Korea, seniors aged 65 and over can ride the subway for free. However, due to this country's system, Seoul Metro's deficit is getting worse.

A declining birthrate and aging population are expected to further worsen public finances, and there is even talk of raising the age limit for free passes.

Seoul Metro, the operator of the subway system in Seoul, suffered a net loss of around 1 trillion won annually since 2020, with an accumulated net loss of 14 trillion won. A similar problem is occurring at the Korea Railroad Corporation.[3]

Lines and sections

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Seoul Metro's service covers part of lines 1, 3, 4 and all of lines 2, 5, 6, 7, 8 & 9. Trains from Lines 1, 3 and 4 through operate with Korail services.[4] Seoul Metro controls the railways and stations owned by the Seoul Metropolitan Government.

Line Name Starting Station(s) Ending Station(s) Stations Total Length
in km
(control)
Cheongnyangni Seoul 10 7.8 km
(service)
Soyosan / Uijeongbu / Kwangwoon University / Yeongdeungpo Incheon / Seodongtan / Gwangmyeong / Sinchang(Soonchunhyang Univ.) 97 200.6 km
City Hall / Sindorim / Seongsu Kkachisan / Sinseol-dong / City Hall 51 60.2 km
(control)
Jichuk Ogeum 34 38.2 km
(service)
Daehwa Ogeum 44 57.4 km
(control)
Danggogae Namtaeryeong 26 31.7 km
(service)
Jinjeop / Danggogae Sadang / Oido 51 72.1 km
Banghwa Hanam Geomdansan / Macheon 57 63.0 km
Eungam Sinnae 39 36.4 km
(control)
Jangam Onsu 41 46.9 km
(service)
Jangam Seongnam 53 60.1 km
Amsa Moran 17 17.7 km
(control)
Eonju VHS Medical Center 12 12.8 km
(service)
Gaehwa / Gimpo International Airport VHS Medical Center 38 40.6 km

Depots

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See also

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References

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  1. ^ "Seoul Metro Created out of Merger between Two Subway Corporations". The Korea Economic Daily. The Korea Economic Daily. 31 May 2017. Retrieved 1 June 2017.
  2. ^ "서울교통공사 사장에 백호…"혁신 원년…방향키 과감히 전환"". Yonhap News Agency. Yonhap News. 23 May 2023. Retrieved 31 July 2023.
  3. ^ (News Focus) Free subway rides for seniors under hot debate again amid aging society Yonhap News Agency(February 17, 2023)
  4. ^ "서울교통공사 블로그". Naver Blog. Retrieved 2021-05-31.
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