Samsung sells airport road

The top Korean chaebol has sold control of the Incheon Expressway for $314 million.

A consortium headed by Samsung Corp has sold its controlling stake in the Incheon Expressway, in a deal valued at W371 billion ($314 million). The move allows Korea's top chaebol to unlock capital from the investment. It completed the construction of the 40km airport road in 2001 as part of the government's policy to bring private finance into the Korean roadbuilding programme.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media