South Korea Roads and Highways Tenders

Booming at a CAGR of over 3.5%, the South Korea roads and highways market is projected to reach significant heights by 2028. This growth is fueled by the government's commitment to improving infrastructure, including 'smart roads' equipped with autonomous driving technology.

The South Korea government plays a crucial role in driving market growth through its extensive procurement programs. These programs encompass a wide range of products and services essential for building and maintaining the country's road network.

Key products and services procured by the government include construction materials like asphalt and concrete, construction equipment, road maintenance services, traffic management systems, and consultancy services for planning and design.

Top Authorities for South Korea Roads and Highways Procurement
The Ministry of Land, Infrastructure and Transport (MOLIT), Korea Expressway Corporation (KEC), and local government agencies are the primary authorities responsible for roads and highways procurement in South Korea.

Top Winners of South Korea Roads and Highways Procurement
Leading construction companies like Hyundai Engineering & Construction, Samsung C&T Corporation, and SK E&C consistently secure major contracts in the South Korea roads and highways procurement landscape.

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