Korea - Fifth Railway Project
MOORE, F. | IND
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.
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