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English · Economy ·

Hanam Pushes Restructuring to Cut Subway Line 5 Hanam Line Deficit

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  1. Hanam-si is pursuing cost-cutting measures across its overall cost structure to reduce the Subway Line 5 Hanam Line's annual operating loss of about 20 billion won.
  2. The city cut about 1.7 billion won in 2025 by adjusting the scale of staff increases and 1.97 billion won in 2026 through negotiations with Seoul Metro over outsourced operating costs.
  3. The city is considering shifting elevator maintenance to direct operation in 2027 and, after the contract ends in August 2028, switching to a parallel system, and expects savings of more than 8 billion won per year.

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Hanam Pushes Restructuring to Cut Subway Line 5 Hanam Line Deficit

Read the full article (machine translation) → Original article (Korean): 하남시, 지하철 5호선 하남선 적자 줄이기 구조개선 추진

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