Skip to main content

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

  • Chilean transport infrastructure works planned
    February 16, 2023
    Chile is planning a series of transport infrastructure works.
  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
  • Algeria is investing in more highway infrastructure
    August 21, 2013
    Algeria’s Public Works Ministry has announced it plans to build new expressway connections to the country’s East-West highway. These expressways will link the Algeria’s ports to the East-West highway, with the aim of reducing congestion and improving traffic flow. A US$373 million expressway measuring 30km long will link the port of Skikda with the East-West highway, with construction work due to start in September 2013. Larger still, a 111km highway will be built linking Djendjen port to Algeria’s East-Wes
  • Korean company carrying out Qatar construction contract
    September 9, 2016
    A South Korean contractor is to carry out construction work on a key Qatar project. The contract for the project was awarded by Qatar’s public works authority Ashghal to Daewoo Engineering & Construction (Daewoo E&C).