Estrafic Launches 23 Billion KRW Single and Multi-Lane Hi-Pass Construction Project

[Asia Economy Reporter Geum Bo-ryeong] Estrafic is embarking on a Hi-Pass system construction project worth 23 billion KRW.

Traffic solution specialist Estrafic announced on the 5th that it has won the contract for the regional single and multi-lane Hi-Pass system construction project commissioned by Korea Expressway Corporation.

The total project scale is approximately 23.2 billion KRW. The single-lane project is worth 10.9 billion KRW, and the multi-lane project is worth 12.3 billion KRW. Estrafic formed a consortium to secure each project. Both projects are planned to be completed by the end of this year.

Estrafic will lead the installation of single-lane Hi-Pass systems at over 150 locations nationwide, including new installations, expansions, and replacements of aging systems. Multi-lane Hi-Pass systems will be constructed at 10 service areas including Bukcheonan, Bukbusan, Namsejong, and Tongyeong.

Unlike existing systems, the multi-lane Hi-Pass system allows vehicles to pass through toll gates without reducing speed below 30 km/h. This is possible thanks to smart systems such as wireless communication devices, vehicle detection devices, and video recording devices.

An Estrafic official stated, "Through this contract, we expect to improve vehicle flow and enhance driver safety and convenience by reducing the risk of accidents when passing toll gates. We aim to successfully carry out the project and secure a favorable position for future additional projects and private investment-operated toll road system construction and replacement projects."

This content was produced with the assistance of AI translation services.