Proceedings of the Eastern Asia Society for Transportation Studies, Vol.6, 2007 THE ECONOMIC FEASIBILITY STUDY FOR INTRODUCTION OF URBAN TRANSIT MAGLEV TRAIN BAEK, Joo Hyun SUL, You Jin Ph. D. Candidate Master’s Course School of Civil, Urban and Geosystems School of Civil, Urban and Geosystems Engineering Engineering Seoul National University Seoul National University 56-1 Sillim-dong, Gwanak-gu, Seoul 56-1 Sillim-dong, Gwanak-gu, Seoul Republic of Korea Republic of Korea Fax: +82-2-889-0032 Fax: +82-2-889-0032 E-mail:
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[email protected] LIM, Tae Hoon RHEE, Sung Mo Master’s Course Professor School of Civil, Urban and Geosystems School of Civil, Urban and Geosystems Engineering Engineering Seoul National University Seoul National University 56-1 Sillim-dong, Gwanak-gu, Seoul 56-1 Sillim-dong, Gwanak-gu, Seoul Republic of Korea Republic of Korea Fax: +82-2-889-0032 Fax: +82-2-889-0032 E-mail:
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[email protected] Abstract : It is generally acknowledged that economic feasibility study should be preceded when introducing and developing new transit system such as urban transit maglev train. Urban transit maglev train recently known for technology is recognized for potential superiority of environment friendship and maintenance and is selected for one of national projects. Although maglev train is commercially operated at Nagoya Tobu-kyuro line in Japan, it is expected that there are some technical problem for maglev train to alternate the existing LRT market. However, it is expected that economic ripple effect would be great when some problems is settled.