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Korea Expressway Corporation
Korea Expressway Corporation (Hangul The Korean alphabet, known as Hangul, . Hangul may also be written as following South Korea's standard Romanization. ( ) in South Korea and Chosŏn'gŭl in North Korea, is the modern official writing system for the Korean language. The le ...: 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hi-pass
Hi-pass is the name of a system for the expressways in South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korean Peninsula and sharing a land border with North Korea. Its western border is formed by the Yellow Sea, while its eas ... that allows motorists to make wireless toll payments, without the need to stop. It uses DSRC (Dedicated Short-Range Communication), allowing for automatic settlement of tolls, by communication between the car terminal and the toll gate equipment. History 2000 *January 6: Korea Expressway Corporation announces plan for trial run from March 2000 *June 30: Hi-pass trial run conducted at three toll gate locations, Seongnam, Cheonggye, and Pangyo; one car for each south-bound lane, total of six cars 2001 *April: Suspension of leases of new terminals due to an issue of using frequencies of the Ministry of Information and Communication 2005 *October 31: Introduction of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korean Companies Established In 1969
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both east and west. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', cf English meridional), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the Levant). Navigation By convention, the ''bottom or down-facing side'' of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transport Companies Established In 1969
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of South Korea
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Road Transport In South Korea
A road is a linear way for the conveyance of traffic that mostly has an road surface, improved surface for use by vehicles (motorized and non-motorized) and pedestrians. Unlike streets, the main function of roads is transportation. There are road hierarchy, many types of roads, including parkways, avenue (landscape), avenues, controlled-access highways (freeways, motorways, and expressways), tollways, interstates, highways, thoroughfares, and local roads. The primary features of roads include lanes, sidewalks (pavement), roadways (carriageways), median strip, medians, shoulder (road), shoulders, road verge, verges, bike paths (cycle paths), and shared-use paths. Definitions Historically many roads were simply recognizable routes without any formal construction or some maintenance. The Organisation for Economic Co-operation and Development, Organization for Economic Co-operation and Development (OECD) defines a road as "a line of communication (travelled way) using a stabiliz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transport Operators Of South Korea
Transport (in British English), or transportation (in American English), is the intentional Motion, movement of humans, animals, and cargo, goods from one location to another. Mode of transport, Modes of transport include aviation, air, land transport, land (rail transport, rail and road transport, road), ship transport, water, cable transport, cable, pipeline transport, pipeline, and space transport, space. The field can be divided into infrastructure, vehicles, and business operations, operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airway (aviation), airways, waterways, canals, and pipeline transport, pipelines, and terminals such as airports, train station, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for intercha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toll Road Operators
Toll may refer to: Transportation * Toll (fee) a fee charged for the use of a road or waterway ** Road pricing, the modern practice of charging for road use ** Road toll (historic), the historic practice of charging for road use ** Shadow toll, payments made by government to the private sector operator of a road based on the number of vehicles using the road * Road toll (Australia and New Zealand), term for road death toll, i.e., the number of deaths caused annually by road accidents Brands and enterprises * Toll Brothers, Horsham Township, Pennsylvania based construction company founded by brothers Robert I. Toll and Bruce E. Toll * Toll Collect, a transportation support company in Germany * Toll Group, an Australian transportation company ** Toll Domestic Forwarding, an Australian freight forwarder ** Toll Ipec, Australian transportation company ** Toll Resources & Government Logistics Science * Toll (gene), encode members of the Toll-like receptor class of proteins * Toll-l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expressways In South Korea
Expressways in South Korea (), officially called as National expressways (), are operated by the Korea Expressway Corporation. They were originally numbered in order of construction. Since August 24, 2001, they have been numbered in a scheme somewhat similar to that of the Interstate Highway System in the United States; the icons of the South Korean Expressways are notably similar to those in the United States because they are shaped like U.S. Highway shields and colored like Interstate shields with red, white, and blue, the colors of the flag of South Korea. * Arterial routes are designated by two-digit numbers, with north–south routes having odd numbers, and east–west routes having even numbers. Primary routes (i.e. major thoroughfares) have 5 or 0 as their last digit, while secondary routes end in other digits. * Branch routes have three-digit route numbers, where the first two digits match the route number of an arterial route. * Belt lines have three-digit route numbers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gyeongbu Expressway
The Gyeongbu Expressway ( ko, 경부고속도로; ''Gyeongbu Gosokdoro'') ( Asian Highway Network ) is the second oldest and most heavily travelled expressway in South Korea, connecting Seoul to Suwon, Daejeon, Gumi, Daegu, Gyeongju, Ulsan and Busan. It has the route number 1, signifying its role as South Korea's most important expressway. The entire length from Seoul to Busan is and the posted speed limit is , enforced primarily by speed cameras. History * February 1968 - Construction begins at the behest of South Korean President Park Chung-hee, who named Park Myung-keun in charge of construction. * 21 December 1968 - Seoul-Suwon segment opens to traffic. * 30 December 1968 - Suwon-Osan segment opens to traffic. * 29 September 1969 - Osan- Cheonan segment opens to traffic. * 10 December 1969 - Cheonan-Daejeon segment opens to traffic. * 19 December 1969 - Busan-Daegu (via Gyeongju) segment opens to traffic. * 7 July 1970 - The last segment, the mountainous Daejeon-Daegu se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gimcheon-si
Gimcheon (; , trans., 'gold spring city') is a city in North Gyeongsang Province, South Korea. It is situated on the major land transportation routes between Seoul and Busan, namely the Gyeongbu Expressway and Gyeongbu Line railway. In ancient times, Gimcheon was famous for its three mountains (Geumo, Daedeok, Hwangak) and two rivers (Gamcheon, Jikjicheon). During the Chosun Dynasty, Gimcheon had one of the five largest markets in the region. The town has also served as the gateway and traffic hub of the Yeongnam region and is particularly proud of its patriots, history and conservative lifestyle. The slogan of Gimcheon city is 'Central Gimcheon', a recognition of the fact that it is situated almost at the center of South Korea. History * Samhan Period : called Gammun－guk, Jujoma－guk * Three kingdoms : Silla united Gammun－guk and Jujoma－guk and established Gammunju * Unified Silla : Gammunju was renamed as Gaeryeonggun. Gimsanhyeon, Jiryehyeon, Eomohyeon and Mupunghyeon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hangul
The Korean alphabet, known as Hangul, . Hangul may also be written as following South Korea's standard Romanization. ( ) in South Korea and Chosŏn'gŭl in North Korea, is the modern official writing system for the Korean language. The letters for the five basic consonants reflect the shape of the speech organs used to pronounce them, and they are systematically modified to indicate phonetic features; similarly, the vowel letters are systematically modified for related sounds, making Hangul a featural writing system. It has been described as a syllabic alphabet as it combines the features of alphabetic and syllabic writing systems, although it is not necessarily an abugida. Hangul was created in 1443 CE by King Sejong the Great in an attempt to increase literacy by serving as a complement (or alternative) to the logographic Sino-Korean ''Hanja'', which had been used by Koreans as its primary script to write the Korean language since as early as the Gojoseon period (spanni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
