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Re: New stadia thread (planned, under construction, finished

Posted: Thu Sep 06, 2012 4:11 pm
by SaintsCanada
Spatula City wrote:
SaintsCanada wrote:
Holyjoe wrote:Work has begun on the stupidly-big and really rather unnecessary Asian Games stadium in Incheon:


So Munhak AND this white-elephant are going to sit there unused for the next 25 years? What a joke.

Korea really is going to go broke if they continue this reckless path of low-taxes AND the most wasteful spending imaginable.

If only there were a nearby example of exactly what this will lead to....oh right! Japan for most of the last 20 years now!


Or Greece. :( Maybe not so nearby, but I just don't understand the obsession with building enormous, expensive buildings for no reason.

Last year I paid like 450,000 net in income tax after my sales tax credit!

Re: New stadia thread (planned, under construction, finished

Posted: Fri Sep 07, 2012 7:38 am
by Holyjoe
Just to link the recent mentions of Yangyang airport and Ulleungdo on this board, The Marmot's blog has this rather bizarre story: "And from the WTF File: Gov’t pushing plan to build airport on Ulleungdo" :roll:

Re: New stadia thread (planned, under construction, finished

Posted: Fri Sep 07, 2012 7:50 am
by Holyjoe
SaintsCanada wrote:
Holyjoe wrote:Work has begun on the stupidly-big and really rather unnecessary Asian Games stadium in Incheon:


So Munhak AND this white-elephant are going to sit there unused for the next 25 years? What a joke.

Korea really is going to go broke if they continue this reckless path of low-taxes AND the most wasteful spending imaginable.


For some reason I seem to recall reading about a World Cup stadium that could be demolished to make way for an apartment complex or two and the Munhak is ringing a few bells... maybe not though as they'd have to build a baseball stadium elsewhere in the city first having knocked down the Sungeui one (well they don't have to, they can always relocate the Wyverns). Had a quick Google to see if I was making this up and came across this article regarding a fiscal crisis at Incheon city government level from April 2012:

The city of Incheon has paid its civil servants one day late, blaming “a temporary lack of liquidity.” The delay in pay due to a deficit of 2 billion won (1.8 million U.S. dollars) is something not to be ignored given the city`s annual budget of 8 trillion won (7.1 billion dollars). The debt ratio of the Incheon City Hall by year`s end is expected to reach 40 percent. If the figure exceeds 40 percent, this will plunge the city into a debt crisis and prompt an audit by the central government. This is tantamount to a debt workout program for corporations.

Incheon became debt-saddled due to a host of reckless populist projects carried out under former mayor Ahn Sang-soo. Eunha Rail, which cost 85.3 billion won (75.5 million dollars), will be torn down due to poor construction. A free economic zone into which the city injected more than 1 trillion won (885 million dollars) has attracted few investors. The construction of the main stadium for the 2014 Asian Games, a venture needing more than 500 billion won (443 million dollars), has also come under scrutiny. If Incheon`s Munhak Stadium, which hosted games of the 2002 World Cup soccer finals, had been renovated, the city would have needed just 54 billion won (48 million dollars). This is in stark contrast to Daegu, which successfully hosted the IAAF World Championships in 2011 by refurbishing Daegu Stadium.

Re: New stadia thread (planned, under construction, finished

Posted: Fri Sep 07, 2012 2:08 pm
by njs
Gee, who coulda called that? :roll:

Re: New stadia thread (planned, under construction, finished

Posted: Thu Sep 13, 2012 8:39 am
by Sampo
While looking up information about the Eunha Rail project I discovered this blog about future large projects in Korea.

http://kojects.com/


It is mostly focused on transportation projects but there is a little about stadiums.

Here is the article (from January though) about the monorail.

http://kojects.com/2012/01/14/final-chance-for-wolmido-monorail/ There's some nice pictures of the carriages and the stations. :)

Re: New stadia thread (planned, under construction, finished

Posted: Thu Sep 13, 2012 9:49 am
by just because
Sampo wrote:While looking up information about the Eunha Rail project I discovered this blog about future large projects in Korea.

http://kojects.com/

This going to sound a litte "nerdish" but looks like I just found my weekend reading. Infrastructure has always interested me.

Re: New stadia thread (planned, under construction, finished

Posted: Thu Sep 13, 2012 7:27 pm
by Holyjoe
Yeah cheers for the link Sampo, that's going to be some interesting reading.

Re: New stadia thread (planned, under construction, finished

Posted: Wed Jan 16, 2013 9:55 pm
by anamerican
@JoongAngDaily
Stadium in Yongin on white elephant alert:
ow.ly/gQLqh

Re: New stadia thread (planned, under construction, finished

Posted: Sat Jan 19, 2013 9:50 pm
by Holyjoe
Work on the Asian Games venue in Incheon is progressing:

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Re: New stadia thread (planned, under construction, finished

Posted: Mon Feb 11, 2013 12:59 pm
by anamerican
용인시 new white elephant stadium had changed their completion date.

March 2010 to July 2015

Re: New stadia thread (planned, under construction, finished

Posted: Mon Feb 11, 2013 1:01 pm
by anamerican
On another note, I just saw Yongin's tram moving. Seems the city has paid or fixed their financial mistakes enough to at least start testing the system again.

Re: New stadia thread (planned, under construction, finished

Posted: Mon Feb 11, 2013 11:08 pm
by mathteacher
anamerican wrote:On another note, I just saw Yongin's tram moving. Seems the city has paid or fixed their financial mistakes enough to at least start testing the system again.


According to http://kojects.com/2011/11/20/everline/ it opens on April 17

Re: New stadia thread (planned, under construction, finished

Posted: Mon Feb 11, 2013 11:21 pm
by eujin
anamerican wrote:용인시 new white elephant stadium had changed their completion date.

March 2010 to July 2015

Despite the general dislike of white strips, the White Elephants wouldn't be a bad nickname for a Korean side, especially if Jeju aren't using the elephants anymore. 흰 코끼리

Re: New stadia thread (planned, under construction, finished

Posted: Fri Nov 22, 2013 2:08 am
by rungnado
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Incheon Asian Games Stadium

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Re: New stadia thread (planned, under construction, finished

Posted: Wed Nov 27, 2013 6:20 am
by MipoFanatic
Incheon surely needs at least two more stadia.