New South Korea highway plans

South Korea is planning a series of highway projects, with existing routes to be expanded and new stretches to be built. The country’s Ministry of Land, Infrastructure and Transport has set out a programme of works that will run until 2020. The work planned includes widening 10 existing highways as well as constructing a further 13 new highways. Construction of the roads will help to generate 290,000 jobs and deliver an economic benefit to the country expected to reach US$77.35 billion. The South Korean Gov
January 13, 2017 Read time: 1 min
South Korea is planning a series of highway projects, with existing routes to be expanded and new stretches to be built. The country’s Ministry of Land, Infrastructure and Transport has set out a programme of works that will run until 2020. The work planned includes widening 10 existing highways as well as constructing a further 13 new highways. Construction of the roads will help to generate 290,000 jobs and deliver an economic benefit to the country expected to reach US$77.35 billion. The South Korean Government plans to spend $2.6 billion on developing its highway widening and construction programme. The country aims for its highway network to reach a total of 5,000km once the programme is complete.
Road Structures

Related Content

  • Russia new programme for developing high-speed roads
    January 14, 2019
    Russia has approved a new state programme for the development of its high-speed road network – Eugene Gerden reports The Russian government has officially approved a new state programme, which is aimed at developing the federal high-speed road network in the country. This programme will run until 2030, according to recent statements by the official state press-service. According to some leading Russian experts in the roadbuilding sector, the need to implement these plans is acute. At present the tota
    Read More
  • Korea strategy
    February 6, 2012
    South Korea is setting an ambitious transport and infrastructure budget for 2010. The country intends to invest US$52.51 billion on projects for new roads and highways, as well as rail and port developments.
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Highway work boost in North Africa
    August 21, 2012
    North Africa is seeing construction business return - Mike Woof reports After a troubled period, stability looks to be returning to North African nations, which can only be good for the road construction sector. First Tunisia, then Egypt and finally Libya saw tumultuous revolts against the previous autocratic (and in one case at least, despotic) rulers. All three nations are now benefiting from a return to stability, with economic growth also improving once more.
    Read More

Highlighted Content