Seoul–Munsan Highway

Overview:

• The Seoul Munsan Highway is a 35.6 km segment of the 83 km Suwon–Munsan Expressway under construction that connects Hwaseong to Suwon, Gwangmyeong, Goyang, and Paju.
• Seoul Munsan Highway, the project operator, executed a W795 billion ($699 million) project finance contract with financial institutions arranged by the financial arranger institutions, Kyobo Life Insurance and Hanwha Life Insurance. 
• The contract was executed on 26 February 2016 to finance the private investment business of the highway from Seoul to Munsan under the Public-Private Partnerships in Infrastructure Act.

Adam Majeed - Regional editor