Korea Expressway Corporation Korea Expressway Corporation is a South Korean corporation running the toll roads of South Korea . Its mission is 'We build roads, connect people and cultures: Creating a new world'. Above all , it is doing its best to create a safe highway environment that people can trust and run .Timeline 1968 - Started construction of Gyeongbu Expressway 1969 - KEC founded 1970 - Opened whole section of 428 km Gyeongbu Expressway 1973 - Opened the era of 1,000 km Expressway network 1973 - Established a Survey 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 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 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 5million 2012 - Opened the era of 4,000 km Expressway network
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