Overview

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History of Korea Railway

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  • 1899~1970 Laying a Cornerstone
  • 1970~1990 Gaining a Firm Foothold for Modernization
  • 1990~2010 Revolution Creating New Trasporation Paradigm
  • 2010~ High-speed Rial:Fast Track to Future
• Opening of the very first railway, Seoul-Incheon(Kyung-In) line in Korean, KRNA laying a cornerstone of railway history.
• Year of 1950, the Korea war broke out, infrastructure, including railways and related facilities, were tragically destroyed. but we rebuild its infrastructure, Korea has achieved dramatic success in the rail industry, which includes the opening High speed lines and the development of the High Speed Train-built with Korean technology.

Present condition of domestic business

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  • 60 years after Korean war
  • Open the HSR(2004)
  • Develop "Sancheon", the Korean bullet train(2010)
  • In 2004, the opening of the Gyengbu HSR made Korea the 5th country that runs high speed railway.
  • In 2010, we succeeded in developing the Korean bullet train with our own technologies.
• Opening of the very HSR line with the speed of 300km/k in Korea in 2004, achieve revolution of transportation in South Korea
• Conventional railway Speed-up projects up to 200km/h have being conducted for enhancing the connectivity for railway passengers

Present condition of overseas business

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  • 1899~1970 Laying a Cornerstone
  • 1970~1990 Gaining a Firm Foothold for Modernization
  • 1990~2010 Revolution Creating New Trasporation Paradigm
  • 2010~ High-speed Rial:Fast Track to Future
• Setting objectives and strategies for entering new markets
  • The main markets for KR’s overseas business in the past ten years were mainly China and we entered the overseas railway market in 2005 by winning the supervision services of Suining-Chongqing Line in China, after that KR won the fifteen engineering consulting services all over the chinese continent.
  • Therefore, we are pursuing sustainable overseas business rather than short-term profits and establishing mid to long-term strategies to enter new target markets.
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      Suining-Chongqing Line
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      Arch bridge site inspection on Tian-qin line
• Establishing foundation for sustainable orders
  • To establish a stable foundation for our overseas business, we are building a potential customer base and expanding our reach through ODA (Official Development Assistance) projects.
  • We have received ODA projects such as KOICA (Korea International Cooperation Agency) sponsored training programs from emerging countries that may not have short term construction projects due to lack of funds but have long term growth potential.
  • We have been able to establish networks, interact with counterparties, and obtain potential customers, thus establishing a foundation for sustainable orders.
  • We are focusing on diversification of overseas markets to emerging markets such as South America and Africa.
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      Railway academy In Vietnam
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      Invitation Training for Indonesian railroad officers
• Expansion of overseas markets
  • We have strategically focused on areas with high potential of large orders (India, Indonesia, Tailand, Southeast Asia) and invited key personnel, held seminars and railroad training schools to increase cooperation between Korea and the target regions.
  • Based on KR brand recognition on the international stage, we are helping establish cooperative relationships between Korean private companies and high potential local companies and contributing to job creation by helping private companies enter overseas markets
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      MOU for “Pilot track construction” with
      train operator in Paraguay
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      The Czech Minister of Transportation meets with
      the CEO of KR