A state-run think tank said on Jan. 23 that it will begin the process of developing a new high-speed train with a maximum speed of 500 kilometers per hour this year.
The Korea Institute of Construction and Transportation Technology Evaluation and Planning said it will spend about 400 billion won (US$375 million) in 2013 to carry out 10 research and development (R&D) projects, including the development of technologies for the new bullet train, named the "HEMU-500X." HEMU stands for high-speed electric multiple unit.
The bullet train will be faster than the HEMU-430X with a maximum speed of 430 kilometers per hour that has undergone test runs since last year.
The Korea Institute of Construction and Transportation Technology Evaluation and Planning said it will spend about 400 billion won (US$375 million) in 2013 to carry out 10 research and development (R&D) projects, including the development of technologies for the new bullet train, named the "HEMU-500X." HEMU stands for high-speed electric multiple unit.
The bullet train will be faster than the HEMU-430X with a maximum speed of 430 kilometers per hour that has undergone test runs since last year.
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