Thursday, May 23, 2013

INCHEON BRIDGE, KOREA

Incheon Bridge, Seoul, South Korea
The Incheon Bridge, which will link the recently completed Incheon International Airport (based on Yongjing island) and the international business district of New Songdo City (second bridge crossing), started construc
tion in June 2005. When the bridge is completed in 2009 (52 months) it will be longer than the current Seohae Bridge (the first bridge crossing) and will be among the five longest bridges of its kind in the world.

The bridge will be a 12.3km (7.4-mile) toll bridge that will link the Seoul–Incheon expressway with the Seohaean expressway, to shorten the journey time from Incheon airport to the metropolitan districts of Seoul by 40 minutes. The bridge is expected to cost over $1.4 billion (KRW1.25 trillion) but is expected to stimulate economic development by improving logistics for Northeast Asia.

MANAGEMENT, CONSTRUCTION AND FINANCE

KODA Development, a joint venture between UK-based AMEC and the city of Incheon, will finance and manage the project, while Samsung Joint Venture, a group of seven domestic builders, will take charge of the design and construction. Samsung Engineering and Construction, Daelim, Daewoo, Hanjin, Hanwha, Kumho and GS are partners in the group. Structural engineering services are being provided by Chodai Co. Ltd, Seo Yeong and Hyundai Engineering and Construction.

Buckland and Taylor Ltd were responsible for developing the basic bridge design, providing support to KODA in securing construction bids and providing technical due diligence services for the banks financing the project. Allianz Global Risks UK is the leading insurer for the project, providing all risks; delay in start-up and third party liability retrocession insurance cover, the company will also provide risk-consulting services on-site. Other companies involved in the bridge insurance include the Korean Reinsurance Company and the direct insurers Samsung Fire and Marine, while the broker is Aon Ltd of London.

Once the construction is completed, KODA Development will manage the bridge for 30 years and later return the facility to the Korean government. AMEC will become the first foreign investor to lead a major Public Private Partnership (PPP) project in South Korea and will have an initial contract for seven years to operate and maintain the bridge in addition to a return on its investment. AMEC’s equity investment will total $38 million (£21 million), representing a 23% interest in KODA Development.

AMEC’s initial contribution has funded the initial design and building works on the bridge. The remaining equity and debt is being provided by a consortium of Korean Banks led by Kookmin Bank and IBK of Korea and also the Incheon Bridge Investment Company, which is owned by Macquarie Bank of Australia (AU$ 86 million) and will hold a 41% interest in KODA and debt of AU$354 million.

BRIDGE STRUCTURE, DESIGN AND METHOD OF CONSTRUCTION
The most difficult part of the construction will be the cable-stayed bridge portion lying over the main sea route in and out of Incheon Port. The main span of the bridge will measure 800m and the height of the main tower will stand at 230.5m. The main bridge will have a vertical clearance of 74m (242ft) and five span lengths of 80m, 260m, 800m, 260m and 80m.

The 33.4m wide bridge will support three lanes in each direction across the span and will include manual and electronic toll booths on the island side. The main bridge is to be a 1.3km cable stayed bridge with steel composite; the approach bridge is a 1.8km precast PSC box girder bridge, and the viaduct bridge is an 8.7km precast PSC box girder bridge.

The foundations will be drilled cast in place piles and the bridge pylons will be Y-shaped concrete structures. The main bridge span is designed for the safe passage of shipping under the bridge. The approach bridges will be constructed using the pre-cast concrete segmental method including the girders and pier caps, while the viaduct bridges will be constructed by the full span precast launching method. Load-testing for the 3m drilled shafts for piling were completed to a standard of 210,000kN in February 2005.

http://www.roadtraffic-technology.com/projects/incheon/

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