South Korea Roadways Tenders

The South Korea roadways market is a significant component of the country's transportation infrastructure. With a total road network of over 120,000 kilometers, South Korea boasts one of the densest road networks in the world. The market is characterized by a strong focus on innovation and sustainability, with a growing demand for smart roads and eco-friendly road construction materials.

The South Korea government is a major player in the roadways market, procuring a wide range of products and services for the construction, maintenance, and operation of the country's roads. In 2021, the government allocated over KRW 10 trillion (USD 8.1 billion) for roadways procurement.

The main roadway products and services procured by the South Korea government include:
Asphalt pavement
Concrete pavement
Road bridges
Road tunnels
Traffic signs and signals
Road maintenance services

The top authorities for South Korea roadways procurement include:
Ministry of Land, Infrastructure and Transport (MOLIT)
Korea Expressway Corporation (KEX)
Korea Highway Corporation (KHC)

The top winners of South Korea roadways procurement include:
Samsung C&T
Hyundai Engineering & Construction
GS Engineering & Construction
SK E&C
Dongbu E&C

Tags -
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