120 billion city railway order in the Philippines ... 'K-Railway' operation for the first time overseas

MSN - 04:31
The government has won a contract for operating and maintenance projects in the Manila Railway, Philippines, worth 120 billion won. This contract is the first case of overseas expansion in the field of railroad operations and maintenance. The Ministry of Land, Infrastructure and Transport announced on the 22nd that it has signed a contract with KORAIL (Korea Railroad Corporation) in the Philippines that it has signed a contract for operating and maintenance of the MRT-7 Urban Railway. The Ministry of Land, Infrastructure and Transport has dispatched a winning support group, which is headed by the second vice minister of Baek Won -guk, to the Philippines to support Korean companies' overseas business orders for transportation infrastructure such as railroads. The total size of this project is 120 billion won, and KORAIL is responsible for the operation and maintenance of the railroads of 23 km of 14 stations. KORAIL was previously selected as a priority negotiator in September. KORAIL will have introduced a total of 28 manager-level experts from July, and will be in charge of maintenance of vehicles and facilities as well as operating the MRT-7 operation, control, and station operation of the MRT-7 for the next 10 years. This project is railroad ...

The government has won a contract for operating and maintenance projects in the Manila Railway, Philippines, worth 120 billion won. This contract is the first case of overseas expansion in the fi...
[Short citation of 8% of the original article]