Coffee for just $1.33? S. Korea to revamp contract structures of highway service plazas
Key takeaways
Quick summary- 1The Ministry of Land, Infrastructure and Transport said Thursday that a ne
- 2South Korea plans to overhaul the way highway service plazas are operated, replacing the current multilayered contracting system with direct agreements in a mo…

South Korea plans to overhaul the way highway service plazas are operated, replacing the current multilayered contracting system with direct agreements in a move expected to lower food and beverage prices. The Ministry of Land, Infrastructure and Transport said Thursday that a new public management company will make direct contracts with vendors from next year, removing intermediary operators that charge high commissions. Currently, service plaza operators take an average 33 percent to a maximum
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