Korea Expressway Corporation has signed a memorandum of understanding (MoU) with the Expressway Authority of Thailand (EXAT), marking a significant step in Korea’s expansion into Southeast Asia’s road and transport infrastructure market.
Under the MOoU, the two agencies will cooperate across the full expressway lifecycle, including planning, design, construction, operations, and safety management. A key focus is the exchange and joint development of advanced technologies such as intelligent transportation systems (ITS) and electronic toll collection systems (ETCS), alongside personnel exchanges, expert dispatch, and joint seminars to share policy and operational experience.
EXAT, a state enterprise under Thailand’s Ministry of Transport, operates seven toll expressway routes in and around Bangkok, covering about 224 km with 127 toll plazas. The authority generates roughly KRW600 billion annually in toll revenue and plays a central role in Thailand’s urban mobility network.
Korea Expressway Corporation said the partnership represents a strategic turning point that combines Korea’s strengths in expressway operations and safety management with Thailand’s experience in dense urban traffic environments. Both sides expect the cooperation to improve efficiency and safety on Thailand’s expressways, while also opening the door for joint international projects and wider deployment of Korean smart transport technologies across ASEAN.