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Rail restructuring offers a brighter future; increasing investment in Korea's railways is one of the likely benefits of the separation of infrastructure from operations, which is now taking place.(Korea)

From: International Railway Journal  |  Date: 5/1/2004  |  Author: Knutton, Mike

KOREA Rail Network Authority (KR) came into being on January 1 this year with responsibility for the country's 3500km of rail infrastructure, including the timetable, and new construction. On January 1 next year Korean National Railroad becomes a public corporation under the name of Korail to concentrate on freight and passenger service operation, rolling stock purchase and maintenance, ticket sales, and operating stations. KR may commission Korail to undertake infrastructure ...

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