SOC Investment Promotion Strategy for Strengthening Global Competitiveness

국가경쟁력 강화를 위한 SOC 투자 전략

  • 이선 (신명건설기술공사)
  • Received : 2012.08.20
  • Published : 2012.09.09


Korea is now the 12th largest economy in the world, surpassing its annual trade in the amount of $1 trillion, and it has joined the socalled 20-50 Club, becoming one of the seven countries in the world with capita income of more than $20,000 with population of 50 million. However it ranked 24th of the Global competitiveness index evaluated by World Economic Forum based on the basic requirements including infrastructures, efficiency enhances, innovation and sophistication factors, etc. The extensive and efficient SOC infrastructures are critical for ensuring the global competitiveness of each country. Effective modes of SOC facilities including quality roads, railroads, ports, air transport, etc will be able to reduce the annual traffic congestion cost as well as macro economic logistics costs in Korea, thereby the global competitiveness can be strengthened in the global market.