Skip to main content

South Korea expressway project launch date to be revealed by government

In the second half of 2014, the launch date for an expressway project connecting Sejong and Seoul will be announced by the South Korean government. The expressway is set to ease traffic congestion in the Jungbu and Gyeongbu motorways. The project will cost an estimated US$6.57 billion (KRW 6.7 trillion), with the expressway spanning 129kms. It is due for completion by 2022.
June 23, 2014 Read time: 1 min
In the second half of 2014, the launch date for an expressway project connecting Sejong and Seoul will be announced by the South Korean government. The expressway is set to ease traffic congestion in the Jungbu and Gyeongbu motorways. The project will cost an estimated US$6.57 billion (KRW 6.7 trillion), with the expressway spanning 129kms. It is due for completion by 2022.

Related Content

  • Mighty infrastructure project for China
    March 5, 2012
    China's investment in landmark infrastructure projects continues with the announcement of plans for a 50km expressway as well as a bridge spanning the Pearl River.
  • Auckland’s future strategic transport requirements
    July 5, 2012
    The Auckland Harbour Bridge is at the stage that it cannot cope with much more traffic, yet the population of the Auckland region continues to grow at a steady rate. Coupled with that, the bridge is a key link in the most important transport corridor in the country, State Highway One. Without it, the country would struggle to function. Not only home to New Zealand's largest city and one third of its population, Auckland's port is one of the country's largest. Some 140m north of the city is Marsden Point, th
  • Ukravtodor to invest €547.96mn in Ukrainian road building and repair
    February 26, 2014
    Ukravtodor state highway agency is to invest €547.96 million (UAH 6.7 billion) in road construction and repair in Ukraine in 2014. The agency secured the sum via bond placement in 2012-2013.
  • Oman road projects worth US$1.39bn approved by government
    November 25, 2013
    The government of Oman has approved 13 road projects costing US$1.39 billion (OMR 535.5 million). Fidrichi Sterling and Larsen and Toubro (L&T) received deals worth $344.51 million (OMR 132.6 million) and $352.05 million (OMR 135.61 million) respectively to build the fifth and fourth package of Al Batinah Expressway. Consolidated Contractors Company (CCC) won a $321.91 million (OMR 124 million) contract to build the 45km sixth package of the same key Expressway.