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Seoul Metro Corporation
Seoul Metro Corporation () was a municipal-owned corporation owned by the Seoul Metropolitan Government. Established in 1970, it was, with Seoul Metropolitan Rapid Transit Corporation and Korail, one of the major operators of Seoul Metropolitan Subway. The company merged with Seoul Metropolitan Rapid Transit Corporation in 2017. History # June 8, 1970: Subway construction headquarters # April 1971: Line 1 (Cheongnyangni Station - Seoul Station) construction started and opened # October 1974: Gunja Depot construction # March 9, 1978: Line 2 Gangnam Section construction started # February 29, 1980: Line 3 and 4 construction started # May 22, 1984: Line 2 Circle Line opened # October 18, 1985: Line 3 and 4 opened # July 13, 1990: Line 3 (Gupabal Station - Jichuk Station) opened # May 22, 1992: Line 2 Sinjeong Branch (Sindorim Station - Yangcheon-gu Office Station) opened # April 21, 1993: Line 4 (Sanggye Station - Danggogae Station) opened # October 10, 1993: Line 3 (Yangjae Statio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Municipal-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and deve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |