The Korea Railroad Corporation is exploring opportunities for overseas expansion in the K-Rail market through agreements with major clients and high-level meetings.
On September 17, the corporation announced that it has strengthened its foundation for overseas expansion in the rail sector by collaborating with key international clients and organizations during the Global Infrastructure Cooperation Conference (GICC) 2026, held from September 15 to 17 at the Conrad Hotel in Yeouido.
GICC is an international event where key figures such as ministers, deputy ministers, and CEOs from major overseas clients, along with domestic institutions and companies, discuss global infrastructure project cooperation. The event is hosted by the Ministry of Land, Infrastructure and Transport and organized by the Korea Overseas Infrastructure & Urban Development Corporation.
During the event, the corporation led a 'Transport Cooperation Seminar' and presented on 'Korean-style Transit-Oriented Development (TOD),' sharing experiences that enhance accessibility and urban value through the integration of rail and urban development with overseas clients and organizations.
Following this, the corporation signed a memorandum of understanding with the Tajikistan Railway, agreeing to collaborate on sharing railway project issues, consulting, exchanging information and technology in the rail sector, enhancing the capabilities of railway professionals, and operating a working-level consultative body to identify cooperation projects.
Meetings were also held with high-ranking officials, including the Minister of Public Works and Transport of Laos and the Director of the National Railway Authority of Panama, to discuss local railway and transportation infrastructure development plans and the status of major projects.
In 2025, the Korea Railroad Corporation achieved success by securing a project management contract for the Mongolian subway and passing the pre-qualification for the UAE high-speed railway. The corporation has contributed to lowering the barriers for small and medium-sized enterprises to participate in overseas railway projects based on a One-Team strategy.
Jung Jin-hyuk, the President of the Korea Railroad Corporation, stated, 'GICC is an opportunity to identify the infrastructure development needs of various countries and find new possibilities for cooperation. We will do our best to solidify trust with major clients and ensure that K-Rail technology and experience lead to more opportunities in overseas markets.'
* This article has been translated by AI.
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