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Korea - Fifth Railway Project (English)

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  • Korea - Fifth Railway Project (English)
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Title Korea - Fifth Railway Project (English)
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Material Type Others
Publisher

World Bank (WB)

Date 1975
Language English
File Type Link
Subject Economy < Financial Policy

Abstract

The Project is KNR's Investment Plan for 1975-76 except for investments financed out of the proceeds of the Third and Fourth Railway Loans (669-KO and 863-KO). The Project will help KNR continue as a major carrier of freight and passengers by helping in: the upgrading, modernization and expansion of track, rolling stock, motive power and other equipment, the improvement of the efficiency of operation, and its financial recovery. The main components of the project are: an increase in station and line capacity and improvements in signalling, acquisition of rolling stock, diesel and electric locomotives, spare parts and repair facilities, track renewal and improvement, bridge strengthening, completion of electrification of 71 km of industrial lines, and other miscellaneous items.