In today's world, Korea Expressway Corporation has become a topic of great relevance and interest among a wide public. From its origins to its impact on contemporary society, Korea Expressway Corporation has captured the attention of academics, professionals and enthusiasts alike. With a rich and complex history, Korea Expressway Corporation has evolved over the years, influencing different aspects of everyday life and playing a crucial role in numerous areas. In this article, we will thoroughly explore the importance of Korea Expressway Corporation and its influence in various fields, from culture to economics, politics and technology.
Former logo (1989~2007)
 | |
| Company type | Government-owned corporation |
|---|---|
| Industry | Road transport |
| Founded | February 15, 1969 |
| Headquarters | 77, Hyeoksin 8 ro, Gimcheon-si, Gyeongsangbuk-do, South Korea |
Key people | Kim Jin-sook, President |
| Products | Expressway |
Number of employees | 4,220 (2014) |
| Subsidiaries | Busan–Ulsan Expressway Co., Ltd. |
| Website | http://www.ex.co.kr/eng/ |
| Korea Expressway Corporation | |
| Hangul | |
|---|---|
| Hanja | |
| Revised Romanization | Hanguk Doro Gongsa |
| McCune–Reischauer | Han'guk Toro Kongsa |
Korea Expressway Corporation (Korean: 한국도로공사) is a South Korean corporation running the toll roads of South Korea.
Timeline
- 1968 – Started construction of Gyeongbu Expressway
- 1969 – KEC founded (capital stock of 50billion won)
- 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
- ^ "Korea Expressway Corporation Purpose & Mission". Korea Expressway Corporation. 2011. Archived from the original on 2012-08-01. Retrieved 2011-11-14.
- ^ "KEC Purpose & Mission". Korea Expressway Corporation. 2011. Archived from the original on 2012-08-01. Retrieved 2011-11-14.
- ^ "기록물 생산기관 변천정보 > 기관연혁 상세정보". theme.archives.go.kr (in Korean). Retrieved 2018-04-16.
External links
- Official website (in English)
- Former website
| International | |
|---|---|
| National | |
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