Korea Expressway Corporation

About

Korea Expressway Corporation is South Korea’s state-owned expressway operator. Electronic toll collection through Hi-Pass on-board devices reached 94% of traffic in 2026. KEC is developing “smart tolling”, which charges vehicles without stopping using Hi-Pass or licence plate recognition: a pilot at nine tollgates from May 2024 to May 2025 handled 234,036 passages, but 78.3% of plate-based charges went unpaid within 15 days, and a nationwide rollout is estimated at 128.2 billion won or more.

Expertise

• Tolling systems
• Operations & maintenance

Technologies

• ANPR
• Toll Payment

Markets

• South Korea

Sources

1. The Kyunghyang Shinmun — KEC smart tolling pilot: unpaid tolls and rollout cost — Other, October 4, 2026 · accessed October 31, 2026
2. Asia Economy — Korea Expressway Corporation: smart tolling and safety plans — Other, November 1, 2023 · accessed October 31, 2026
3. Korea Expressway Corporation — corporate financial statements / headquarters — Official report · accessed October 31, 2026