South Korea

KR to invest €480 million in Chungcheong’s network

On 25th April 2023, South Korean railway construction and network administrator KR presented an investment programme worth around €480 million (KRW 708.2 billion) for the railway network in the province of Chungcheong. This concerns a total of eight projects. One of them is the expansion of the 46.4 km Gyeongbu high-speed rail (HSR) line between Pyeongtaek and Osong by two additional tracks. KR will invest €102 million in the project, with construction works scheduled to start soon for completion in 2027. Other projects include the West Coast Railway, a double-track HSR line that will run along the west coast of the Korean peninsula.