DATE : 18-08-24 12:06
KEC, SK E&C Capture Circular Highway Project in Kazakhstan
 WRITER : admin
KEC, SK E&C Capture Circular Highway Project in Kazakhstan
Consortium also includes two local builders to build 66 km-long highway in 4 yrs and run it for 16 yrs by collecting tolls

카자흐스탄 알마티 위치도

A birdeye view of the Almaty Circular Highway extending for 66 km around Almaty, the capital of Kazakhstan. (Photos: KEC)

알마티 순환도로 조감도

알마티 순환도로 노선도

Korea Expressway Corp. (KEC) and a consortium including SK Engineering and Construction kicked off construction of circular roads around Almaty, the capital of Kazakhstan, on June 1.
A ceremony was attended by some 300 guests, including high-level local government officials led by First Deputy Prime-Minister Mamin Askar of Kazakhstan, Vice Gov. Bhushan Gagrani of Maharashtra State and Mayor of Almaty city Bauyrzhan Baibek and Korean officials led by President Lee Kang-rae of KEC, among others.
The circular highway with four to six lanes extends for 66 km to ease traffic jams on roads around the capital. Maximum speeds of 150 km per hour will be allowed.
The consortium, which also include two local construction firms, Alarko and Makyol, won the project valued at $737 million, or 847.7 billion won, on Feb. 7 when they signed the contract with the Kazakhstani government. The construction period will be four years and the consortium will also operate the circular highway for 16 years and then return it to the Kazakhstani government under the contract.
SK Construction will take care of the financing end of the project, on top of the construction of the highway, along with the Kazakhstani construction firms while Korea Express will take charge of its operation and maintenance.
An official of Korea Expressway said Kazakhstan is located in the heart of the highways crisscrossing Eurasia, with Russia located in the north, China in the east, and the CIS in the southeast, playing the role of a bridge to Eurasian continent.
Korea Expressway will try to be a locomotive for Korean firms to make advances into Eurasia to take on infrastructural projects after its capacity has been recognized by showing off its technological capacity to the local authorities by successfully completing the circular highway and managing it well.
Additionally, it offers intelligent transport systems, such as expressway traffic management systems, toll collection systems, and tunnel traffic management systems; disaster, traffic, pavement, and structure management services; and bridge load rating/testing technology for determining a bridge's real load carrying capacity. The company also leases service areas and gas stations; offers research services; and provides services to the government, including supervision of government construction projects along various locations adjacent to the expressways.
Korea Expressway Corporation was founded in 1969 and is headquartered in Gimcheon, South Korea
Korea Expressway Corp. constructs and operates an expressway network in the Republic of Korea and internationally.
The company operates through four segments: Toll Business, Incidental Business, Supporting Business, and Construction Business. It constructs expressways, tunnels, and bridges; provides expressway maintenance services, such as routine and periodic maintenance, and emergency response, as well as road, facility, and structure rehabilitation; and real-time and three-dimensional road management services.
The company also offers various traffic management services, such as traffic information; congested area management services, such as shoulder lane system, bus-only lane system, and ramp metering system services; and traffic safety management services, including safety patrol services.
SK E&C Co. Ltd. provides construction services for power plants, civil infrastructure, architecture, and housing industries in South Korea and internationally. The company engages in the construction of civil infrastructures, such as railways, roads, harbors, underground spaces, housing/industrial complexes, and water and environmental facilities.
It construction portfolio also includes refining, petrochemicals, LNG storage tanks, oil sands, and petroleum refining facilities, as well as petrochemical plants to produce chemical products; power plants, including coal-fired power, combined-cycle power, cogeneration, nuclear power, and renewable power plants; and other industrial plants.


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