South Korea's transport plan

The government of South Korea will be allocating a total of US$127.99 billion on transportation infrastructure in preparation for the 2018 Winter Olympics.
February 29, 2012 Read time: 1 min
The 3381 government of South Korea will be allocating a total of US$127.99 billion on transportation infrastructure in preparation for the 2018 Winter Olympics. Additionally, the government is also planning to build a second Yeongdong Expressway to connect Gyeonggi's Gwangju with Wonju and the cost to build the expressway is US$1.3 billion. Aside from that, the government wants to expand three road networks, which include Routes 59, 31 and 6 that connects to Gangneung and Wonju. The government has already allocated some $86.7 million into the Route 6 extension, connecting Duneung and Yeongok. This project is due for completion in 2014.

For more information on companies in this article

Related Content

  • South Africa bridge project restarting
    June 16, 2020
    Work on a key South African bridge project is now restarting.
    Read More
  • Major road projects needed for Uzbekistan
    July 26, 2012
    The authorities in Uzbekistan are planning for a series of major road projects in a bid to boost the country’s transport connections and freight handling capabilities. A total of 2,306km of roads will be either built or upgraded in the country by 2015. Priority projects include building 1,008km of roads in the Beyneu-Andijan area, as well as rebuilding a 100km stretch of the Tashkent-Osh road. A total of 517km of roads and 544km of viaducts are to be to be built in 2012 under the plans.
    Read More
  • Planning for China's future
    July 23, 2012
    The second comprehensive transport study of Jiangsu Province is a good example of road policy in action. Samuel C F Wong, Technical Director, Scott Wilson Ltd explains Jiangsu Province on the eastern coast of China, with a population of 76 million, is one of the fastest growing in the country. Between 1990 and 2007 GDP growth averaged some 16%/year. Economic growth, however, has not occurred evenly. Two-thirds of the province's wealth has accumulated in its southern half. With Jiangsu's rapid economic expan
    Read More
  • Cameroon key contract construction continues
    March 10, 2020
    Construction work on a key contract in Cameroon is continuing.
    Read More

Highlighted Content