Forecast: Inland Transport Infrastructure Investment in South Korea

In 2023, South Korea saw an actual investment of 20.5 billion Euros in inland transport infrastructure. Forecasted data for 2024 predicts an increase to 20.806 billion Euros, showing a slight growth rate of 1.5% from the previous year. The momentum continues with a 1.5% year-on-year increase in 2025 to 21.124 billion Euros and further annual growth rates of 1.48%, 1.43%, and 1.38% reaching 22.042 billion Euros by 2028. The Compound Annual Growth Rate (CAGR) over the forecasted period is approximately 1.46% annually.

Future trends to watch for include:

  • Technological advancements in transportation infrastructure, such as smart cities and autonomous vehicles.
  • Government policies and funding directed towards sustainable and green transport solutions.
  • The impact of international trade agreements on logistics and supply chain demands.

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