The National Railroad Corporation announced it has secured a contract for the design review and construction supervision of the "Huancayo-Huancavelica" railway improvement project, commissioned by Peru's Transportation Infrastructure Investment Supervisory Agency. The project is valued at approximately $13 million (about 19.2 billion won).
This initiative aims to modernize a 128.7-kilometer stretch of aging railway in the central Andes region of Peru, which operates at altitudes exceeding 3,600 meters. The corporation's consortium will oversee the supervision of construction and operational phases over the next five years.
The Huancayo-Huancavelica railway, also known as the "Tren Macho," began operations in October 1926 and features seven stations, 20 stops, 15 bridges, and 38 tunnels. The modernization project will include the introduction of new vehicles and improvements to signaling and control systems.
The corporation formed a global consortium that includes domestic engineering firms and local companies. It outperformed competitors from Spain and Japan in all aspects of technical and price evaluations.
Lee An-ho, acting president of the National Railroad Corporation, stated, "This contract demonstrates our technological prowess in K-Rail by competing with advanced countries in the global railway sector. We will continue to elevate the status of Korean railways and expand overseas markets in collaboration with domestic companies."
* This article has been translated by AI.
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