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Jooheon Kim
Jooheon Kim is a Correspondent at NK News. He previously worked at Aju News Corporation where he covered South Korea's economy and tech sectors, K-pop and inter-Korean relations.
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News South Korea to allocate $17.5 million to restore railway linking with NorthRestoration of the 9.3-kilometer section will begin next year and is projected to be completed by 2029.
South Korea plans to revive a railway linking the two Koreas by allocating roughly $17.5 million to restore the southern section of the Gyeongwon Line, while separately slashing funds for a government-led North Korean human rights foundation by 90%, according to the Unification Ministry’s annual budget proposal. The ministry proposed a $740.4 million (1 trillion won) budget for the next fiscal year, a 0.91% increase from the previous year, of which $17.5 million will be spent on restoring a small section of the 223.7-kilometer Gyeongwon Line connecting Seoul and Wonsan city in North Korea. Restoration of the 9.3-kilometer section © Korea Risk Group. All rights reserved. |