Korea Expressway Corp. (KEC) said it gave public notice on Jan. 29 for a bid on the Seoul-Seongnam portion of the first phase of a project to build a new expressway connecting Seoul and Sejong City.
The total cost of the Seoul-Seongnam portion, to be divided by five construction sections, stands at 1.859 trillion won. It is a part of the first phase section connecting Seoul and Anseong, which will be divided by 15 construction sections. The first phase section will include a new bridge connecting Guri City and Godeok-dong, Seoul, which will be built between the Gangdong and Guri-Amsa grand bridges.
The projected Seoul-Sejong Expressway will stretch from Topyeong-dong, Guri City, Gyeonggi-do, to Sejong City via Seoul and Seongnam by crossing the Seoul-Busan Expressway and the Jungbu Expressway.
The whole portion of the new expressway will cost 6.7 trillion won.
The Seoul-Anseong section is scheduled to be dedicated by 2020. Successful bidders will be chosen by a tender format.
A feasibility study for the private sector’s build-operate-transfer project for the remaining Anseong-Sejong portion will be completed this year, and the project will be launched next year with the goal of completing it by 2025.
Thins map shows the route of the planned Seoul-Sejong Expressway. The Seoul-Anseong section is to be opened in 2022 while the remaining Anseong-Sejong portion will be put into service by 2025. (Photo:KEC)
KEC President Kim Stresses KEC’s Innovation to Regain Public Trust
Korea Expressway Corp. President Kim Hak-song delivered his New Year’s speech in which he called for realizing four management tasks to regain people’s trust. KEC President Kim made the remarks at a ceremony to kick off the 2016 business year at KEC headquarters in Gimcheon City, Gyeongsangbuk-do, on Jan. 4.
President Kim, three years in office, set the 2016 management goal to realize people’s happiness from the general public’s viewpoint. The goal is to evolve innovation related to people’s daily lives that the corporation has made for the past two years.
Announcing the top four management tasks people’s safety, service innovation, future growth, co-prosperity and cooperation, KEC President Kim stressed that the corporation is committed to making all people happy including expressway users. He said people’s safety is the foremost value the corporation should ensure.
He repeatedly stressed the protection of people’s safety as the foremost task.
Second, President Kim called for innovation of services to make people feel happy. The corporation has made many achievements for the past two years through such programs as “ex-oil” MOU in which the KEC and Korea Exchange (KRX) signed with gas stations along expressways to participate in the KRX petroleum market to lower petroleum prices. He urged his corporation to continue innovation in the perspective of people this year.
Third, he emphasized the building of a foundation of sustainable future growth. In particular, smart tolling and smart highways will be realized with the construction of the Seoul-Sejong Expressway, said President Kim, adding that they will be a stepping stone for the KEC’s next 100 years.
Finally, he called for co-prosperity and cooperation with local communities. The KEC, relocated to Kimcheon, devotes itself to implementing programs designed to collaborate among local government bodies, industry, academic and research circles.
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