Korea Expressway Corporation
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Korea Expressway Corporation (Korean: Script error: No such module "Lang".Template:Category handler) is a South Korean corporation running the toll roads of South Korea.[1]
Timeline
- 1968 – Started construction of Gyeongbu Expressway
- 1969 – KEC founded (capital stock of 50billion won)[2]
- 1970 – Opened whole section of 428 km Gyeongbu Expressway
- 1973 – Opened the era of 1,000 km Expressway network
- 1973 – Established a Survey Institute (Currently Transport Research Institute)
- 1978 – Daily number of vehicles using expressways surpassed 100,000
- 1980 – Launched integrated tolling system
- 1984 – Opened a traffic information broadcasting studio
- 1987 – Total length of expressway exceed 1,500 km
- 1988 – Daily toll revenue surpassed 1 billion won
- 1990 – Total assets exceeded 1 trillion Korea won
- 1994 – Mechanized toll collection system (TCS) at all toll gates
- 1994 – Total assets surpassed 5 trillion won
- 1994 – Introduced the first bus-only lane
- 1997 – Built nationwide independent communications network
- 1999 – Started Hi-Pass pilot project
- 1999 – Opened the era of 2,000 km Expressway network
- 2001 – Opened 423.2 km expressways
- 2003 – Arranged foreign capital at low interest rates (US$500mil, 10year maturity)
- 2007 – Expanded Hi-Pass service to nationwide
- 2007 – Total length of expressways exceed 3,000 km
- 2010 – Rate of Hi-Pass use surpassed 50% and number of Hi-Pass users surpassed 5 million
- 2012 – Opened the era of 4,000 km Expressway network
See also
References
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External links
- Official website (in English)
- Former website
Template:SouthKorea-road-stub
Template:SouthKorea-company-stub
- Pages with script errors
- Pages with broken file links
- Toll road operators
- Transport operators of South Korea
- Road transport in South Korea
- Government-owned companies of South Korea
- Transport companies established in 1969
- South Korean companies established in 1969
- Companies based in North Gyeongsang Province
- Gimcheon
- Government-owned transport companies